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Fourth-quarter adjusted Ebitda at Proterra was a negative $60 million from $80 million in sales.
Fourth-quarter adjusted Ebitda at Proterra was a negative $60 million from $80 million in sales.
Proterra Inc. (PTRA) delivered earnings and revenue surprises of -100% and 9.36%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
BURLINGAME, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (Nasdaq: PTRA) today announced that it will issue its fourth quarter and full year 2022 financial results after the market closes on Wednesday, March 15, 2023.
If Fed keeps hiking interest rates, that could be bad news for emerging energy companies.
Proterra Inc. (PTRA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
PTRA noted that supply chain headwinds persisted during the quarter but highlighted supply chain improvement within its Energy unit as a key driver of sequential improvement. Management remains confident in its ability to drive transit production over the next several years.
PTRA is a play on the commercial EV space through its powered, transit, and energy business segments. After merging with a SPAC, shares have only slid lower and lower as unprofitable growth companies are exactly what isn't working in 2022.
Proterra Inc. (NASDAQ:PTRA ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Aaron Chew - Vice President, Investor Relations Gareth Joyce - Chief Executive Officer Karina Padilla - Chief Financial Officer Conference Call Participants Mike Shlisky - D.A. Davidson Steven Fox - Fox Advisor Jordan Levy - Truist Securities Sherif El-Sabbahy - Bank of America Tyler DiMatteo - BTIG Operator Good day.
Proterra Inc. (PTRA) delivered earnings and revenue surprises of -125% and 15.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?