Phoenix Motor GAAP EPS of $0.20, revenue of $0.4M

Nov. 14, 2022 4:33 PM ETPhoenix Motor Inc. (PEV)By: Ahmed Farhath, SA News Editor
  • Phoenix Motor press release (NASDAQ:PEV): Q3 GAAP EPS of $0.20.
  • Revenue of $0.4M.
  • Q3 revenue fell ~26% from a year ago, principally due to software-related issues and battery supply constraints that resulted in a delay in delivery of electric vehicles (“EVs”) from Q3 into Q4 2022 and Q1 2023.

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