Ideanomics GAAP EPS of -$0.08 misses by $0.03, revenue of $24.28M

Nov. 09, 2022 4:19 PM ETIdeanomics, Inc. (IDEX)By: Pranav Ghumatkar, SA News Editor
  • Ideanomics press release (NASDAQ:IDEX): Q3 GAAP EPS of -$0.08 misses by $0.03.
  • Revenue of $24.28M (-8.7% Y/Y).
  • Energica provided 88 motorcycles for the upcoming G20 Summit in Bali, Indonesia.
  • US Hybrid supplying technology for 62 zero emission street sweepers to GEP.
  • Gross profit for the third quarter was $(0.7) million, which represented a Gross Margin of (2.7%). Gross profit for the third quarter of 2021 was $4.0 million.
  • Shares +1.34%.

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