- Sono Group NV SEV reported third-quarter FY22 sales of €138,000 ($139,122), missing the consensus of $540,000.
- Gross loss for the quarter was €(5,000) and operating loss for the quarter was €(42.9) million.
- The company held €33.4 million in cash and equivalents as of September 30, 2022.
- Cash used operating activities totaled €(109.3) million year-to-date.
- EPS was €(0.50) or $(0.50) versus €(0.29) last year, missing the consensus of $(0.34).
- Price Action: SEV shares are trading lower by 8.62% at $1.06 on the last check Thursday.
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