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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Workhorse Group

Workhorse Group, Inc. is a technology company, which engages in the provision of sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The firm also creates all-electric delivery trucks and drone systems. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Loveland, OH.

Earnings data Q4 2020

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Earnings data Q1 2023

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Earnings data Q1 2024

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Workhorse Group advances product roadmap and optimizes financial strategies

Workhorse Group showcased progress in product development, market expansion, and financial management in Q1 2024, despite facing challenges in sales and cost management.
The company's strategic focus on operational efficiency, cost reduction, and liquidity management positions it well to navigate current market dynamics and capitalize on growth opportunities.
By addressing challenges, leveraging strengths, and exploring opportunities, Workhorse aims to enhance its market position, drive revenue growth, and ensure long-term sustainability.

Workhorse Group reduces expenses, eyes growth in competitive EV market

Workhorse Group demonstrated resilience in Q2 by reducing expenses and cash burn rate while focusing on strategic collaborations and product development.
Challenges in the EV market were addressed through cost reductions and actions to secure new orders and deliver products.
Opportunities for growth include leveraging partnerships, extending the financial runway, and positioning as a leader in the competitive EV market.
The company's proactive approach and commitment to long-term success position it well to navigate market challenges and capitalize on opportunities.

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Cost of revenue

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Workhorse Group, Inc. is a technology company, which provides sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The company was founded by Stephen S. Burns on February 20, 2007, and is headquartered in Sharonville, OH.

CINCINNATI, June 27, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced it has started production of the W750 at its manufacturing facility in Union City, Indiana. The Company also announced it has entered into a partnership with Smyrna Truck to be its first certified electric vehicle (“EV”) dealer in Georgia.

Workhorse Group Begins W750 Production and Announces Smyrna Truck to be its First Certified Dealership in Georgia

A struggling electric vehicle (EV) penny stock may be about to get a lift. Workhorse Group (NASDAQ: WKHS ) is still recovering from a tough year marked by high volatility.

WKHS Stock Alert: Workhorse Receives HorseFly Drone Order

CINCINNATI, June 20, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced that it has received its first commercial drone purchase orders for HorseFly™ . The Company received purchase orders for two commercial drones, including one from Valqari, a Chicago-based smart mailbox company with international exposure that works with companies, governments, and other organizations to shape the future of drone delivery.

Workhorse Group Announces First Commercial Drone Purchase Orders

Canoo

Nikola

Polestar Automotive Holding UK PLC

Lordstown Motors

In today's session, EV stocks are once again in focus for investors. Whether it's Workhorse (NASDAQ: WKHS ), Lordstown Motors (NASDAQ: RIDE ), Canoe (NASDAQ: GOEV ), Polestar Automotive (NASDAQ: PSNY ), Nikola (NASDAQ: NKLA ) or Nio (NYSE: NIO ), there's a lot of green on the screen.

Why Are EV Stocks WKHS, RIDE, GOEV, PSNY, NKLA, NIO Up Today?

CINCINNATI, June 15, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, is scheduled to participate at the 9 th Annual ROTH London Conference , which is being held from June 20-22, 2023 at the Four Seasons Hotel London at Park Lane in London, UK.

Workhorse Group to Participate in the 9th Annual ROTH London Conference from June 20-22, 2023

Mullen Automotive

Mullen Automotive (NASDAQ: MULN) and Workhorse Group (NASDAQ: WKHS) stock prices have plunged by double-digits this year. Workhorse shares have plunged by over 45% in 2023 while Mullen has fallen by over 94.60%.

Mullen Automotive (MULN) vs Workhorse: Better EV stock to buy?

CINCINNATI, June 08, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced it showcased its W56 vehicle to members of Congress, policy makers, and other federal officials at the “Driving the Future: An Electric Vehicle Event” on June 7 in Washington D.C.

Workhorse Group Showcases W56 at CALSTART's Electric Vehicle Event at U.S. Capitol

Workhorse Group (NASDAQ: WKHS) stock price has been in a strong bearish trend as concerns about electric vehicle companies continued. The shares dropped to a low of $1.03, the lowest level since May 19th.

Workhorse stock price: debt-free but dilution risks remain

One lesson of investing is if you get washed out of a position, it's time to rethink the position, not abandon it entirely, and that is the case with Workhorse Group Inc. NASDAQ: WKHS. The initial thesis didn't pan out; the company recalled its first fleet of electric vehicles and threw them away, but it is back on its feet.

Workhorse Group: Consider Getting Back on the Horse

Workhorse Group reported a larger loss in the first quarter and is short on cash. But it made progress toward ramping up Class 4 electric stepvans and chassis cabs.

Workhorse Group Q1 loss grows but makeover nears completion

Workhorse Group Inc. (NASDAQ:WKHS ) Q1 2023 Earnings Conference Call May 15, 2023 10:00 AM ET Company Participants Rick Dauch - Chief Executive Officer Bob Ginnan - Chief Financial Officer Stan March - Vice President of Corporate Development and Communications Conference Call Participants Colin Rusch - Oppenheimer Jeff Osborne - TD Cowen Chris Souther - B. Riley Greg Lewis - BTIG Mike Shlisky - D.A.

Workhorse Group Inc. (WKHS) Q1 2023 Earnings Call Transcript

Workhorse Group (WKHS) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.15 per share a year ago.

Workhorse Group (WKHS) Reports Q1 Loss, Misses Revenue Estimates

CINCINNATI, May 15, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2023.

Workhorse Group Reports First Quarter 2023 Results

Bitfarms Ltd

In morning trading on Thursday, the Dow Jones industrials were down 1.14%, the S&P 500 down 0.64% and the Nasdaq 0.19% lower.

Earnings Previews: Bitfarms, Workhorse

CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse ” or “the Company” ), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, announced the results of its annual stockholders' meeting held earlier today.

Workhorse Announces Annual Stockholders' Meeting Results

BlackBerry

Phoenix New Media Ltd.

Penny stocks with unusual options activity. The post Top Penny Stocks To Buy?

Top Penny Stocks To Buy? 3 To Watch With Unusual Options Action

CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse ” or “the Company” ), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today announced its attendance at the upcoming Advanced Clean Transportation Expo (“ACT Expo”), which is being held from May 1-4, 2023 in Anaheim, CA.

Workhorse Group to Highlight W56 Step Van Commercial Readiness at the ACT Expo on May 3, 2023

Faraday Future Intelligent Electric

Arrival Group

Proterra

Electrameccanica

While not repeating the mantra that electric vehicles are the future can get you into trouble with the sector loyalists, we must at least agree that at least some enterprises deserve the title of worst EV stocks to sell. Fundamentally, while the underlying technology facilitates many opportunities, competition will likely be consolidated.

7 Sorry EV Stocks to Sell in May Before It's Too Late

CINCINNATI, May 01, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse ” or “the Company” ), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, will hold a conference call on Monday, May 15 at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2023 as well as the Company's plans and outlook. Financial results will be issued in a press release prior to the call.

Workhorse Group Sets First Quarter 2023 Earnings Call for Monday, May 15, 2023 at 10:00 a.m. ET

Workhorse had less than one year of cash left on its balance as of the end of its fiscal 2022 fourth quarter. The company has increased its average diluted shares outstanding by around 284% over the last five years.

Workhorse: Will The Last Bull Please Turn Off The Lights

Arcimoto

Kandi Technologies Group Inc

Li Auto Inc.

Tesla

XPeng

We've laid out the industry's current position, what it's composed of and the headwinds it's facing that could scupper future gains.

EV Stocks: The Lowdown On The Market And How To Navigate It As An Investor

Fisker Inc

Hyliion

Rivian Automotive

Throughout the pandemic, EV stocks soared on the belief that a paradigm shift was underway in the automotive space. Though that continues to hold true, it's apt at this time to contemplate which EV stocks might be ripe for selling.

7 Electric Vehicle Stocks to Dump Now as the EV Bubble Bursts

Envirotech Vehicles Inc

There's a long-term shift in the automotive industry toward electric vehicles. However, not all players in the industry will be winners.

3 EV Stocks That Are Running Low on Battery in April 2023

While electric vehicles may be the future of transportation, I'm afraid these EV stocks to avoid might not make the cut. Fundamentally, as a burgeoning sector, the price for entry for arguably most consumers is simply too steep.

7 EV Stocks to Avoid Like the Plague Heading Into April 2023

CINCINNATI, March 21, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse ” or “the Company” ), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced the launch of its new Certified Dealer Program, an initiative to develop an official network of verified dealers that have passed the protocols necessary to safely repair and maintain the electric components of the Company's vehicles. Workhorse has engaged Kingsburg Truck Center (“Kingsburg"), a work truck dealer headquartered in Kingsburg, California, as its first certified electric vehicle (“EV”) dealer in California.

News for Workhorse Group Stock (WKHS)