Electric truck maker Workhorse Group narrowed its losses in the fourth quarter but missed on analyst estimates of revenue and earnings per share.
Workhorse shares closed Wednesday 14.81% lower at $1.75, not far above its 52-week low of $1.40.
The Cincinnati-based company is continuing a makeover that began with the hiring of veteran auto supplier executive Rich Dauch as CEO in August 2021.
Workhorse sold 23 units of a GreenPower Motor Co. chassis cab called the W4 CC, generating most of the...
https://www.freightwaves.com/news/workhorse-narrows-loss-but-misses-on-q4-revenue-and-earnings
