Nikola’s Mixed Bag Q4 Earnings: Sales Growth and Voucher Wins, Despite Production Slowdown



Nikola Corp (NASDAQ:NKLA) reported its quarterly earnings Thursday. The company clocked fourth-quarter sales of $11.53 million, vs. $5.46 million a year ago, missing the consensus of $12.64 million.

Adjusted EPS loss of $(0.11) beat the consensus loss of $(0.13).

Nikola produced 42 trucks in the quarter versus 133 a year ago. It shipped 35 trucks against 20 a year back.

The company bagged 225 additional voucher requests for hydrogen fuel cell electric trucks from October 2023 through January 31, 2024. 

Nikola remains on track to get the first battery-electric trucks back into end-user hands …

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