2022-05-10 16:39:36 GOEV Canoo
05/10/22 05/1016:39 05/10/2216:39 | Canoo reports Q1 EPS (54c), consensus (50c)Reprots cash and cash equivalents of $104.9M as of March 31. "We have been clear about our philosophy of raising capital judiciously and will continue with this disciplined approach," said Tony Aquila, Investor, Chairman & CEO at Canoo. "We have more than $600M in accessible capital to support Start of Production, or SOP. As operators and investors, we have significant experience raising capital in challenging markets - and the best way to raise capital is to achieve your goals. We will continue to raise when needed, bridge to milestones and be in a position to take advantage of improving market conditions. We are focused on long term value creation for our customers and shareholders." |
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