Nikola: Q1 Earnings Insights

Nikola NKLA reported its Q1 earnings results on Tuesday, May 9, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Nikola reported in-line EPS of $-0.26 versus an estimate of $-0.26.

Revenue was up $9.23 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 0.91% increase in the share price the next day.

Here's a look at Nikola's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.43	-0.39	-0.28	-0.27
EPS Actual	-0.37	-0.28	-0.25	-0.21
Revenue Estimate	32.13M	22.14M	16.46M	150K
Revenue Actual	6.56M	24.24M	18.13M	1.89M

To track all earnings releases for Nikola visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar