Shares of Arcimoto FUV decreased 5.78% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 34.78% over the past year to ($0.15), which missed the estimate of ($0.11).
Revenue of $268,538 up by 3076.46% year over year, which missed the estimate of $270,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Arcimoto hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Aug 19, 2020
Time: 05:00 PM
ET Webcast URL: https://us02web.zoom.us/webinar/register/WN_7QfroJb_TaehWfUp0p6z2A
Price Action
52-week high: $8.89
52-week low: $0.97
Price action over last quarter: Up 134.73%
Company Profile
Arcimoto Inc is engaged in the business of manufacturing ultra-efficient three-wheeled electric vehicles. The company's product includes - Fun Utility Vehicle (FUV), a pure electric solution that is a quarter of the weight, takes up a third of the parking space, and is more efficient than the average car. Its only operating segment being the design, development, manufacturing, and sales of electric vehicles. Geographically, it operates only in the United States.
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