Recap: Arcimoto Q2 Earnings

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Arcimoto FUV reported its Q2 earnings results on Monday, August 15, 2022 at 04:00 PM.

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

Earnings

Arcimoto missed estimated earnings by 30.0%, reporting an EPS of $-0.39 versus an estimate of $-0.3.

Revenue was up $782 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 4.68% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.30 -0.26 -0.20 -0.16
EPS Actual -0.34 -0.62 -0.31 -0.26
Revenue Estimate 1.33M 1.48M 1.88M 2.09M
Revenue Actual 650K 786K 1.50M 717K

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

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

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