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

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Q1: 2023-05-15 Earnings Summary

EPS of -$37.50 beats by $7.00
 | Revenue of $1.69M (11,742.10% Y/Y) misses by $8.16M

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. Davidson
Craig Irwin - ROTH MKM

Operator

Ladies and gentlemen, greetings, and welcome to the Workhorse Group's First Quarter 2023 Investor Call. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Workhorse Group's Vice President of Corporate Development and Communications, Stan March. Sir, you may begin.

Stan March

Thank you, Darryl. Good morning, and welcome to all of you joining us on today's first quarter 2023 results call. Before we begin, I'd like to note that we've posted the results for the first quarter ending March 31, 2023 via press release. You can also find this release, as well as an accompanying presentation in the Investor Relations Section of our website. We’ve also filed our first quarter Form 10-Q this morning. We'll be tracking to the posted presentation during today’s call, so please follow along either from the link in the press release or through the website directly. And with that, let's get started.

Joining me on today's call are Rick Dauch, our CEO; and Bob Ginnan, our CFO. The agenda today’s call can be found on Slide 3. Following my brief opening remarks, I'll hand the call over to Rick, we'll give you an update on the progress we've made on our strategic and operational priorities during the quarter. Bob will then walk us through our financial results for the quarter and cover our 2023 guidance. We’ll then take your questions.

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