Yahoo Finance GreenPower Motor Third Quarter 2024 Earnings: US$0.19 loss per share (vs US$0.14 loss in 3Q 2023)
GreenPower Motor (CVE:GPV) Third Quarter 2024 Results
Key Financial Results
Revenue: US$8.16m (down 36% from 3Q 2023).
Net loss: US$4.64m (loss widened by 38% from 3Q 2023).
US$0.19 loss per share (further deteriorated from US$0.14 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
GreenPower Motor Earnings Insights
Looking ahead, revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Machinery industry in Canada.
Performance of the Canadian Machinery industry.
The company's shares are up 1.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for GreenPower Motor that you need to take into consideration.
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