NASDAQ$GOEVQ
Canoo Inc. · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Canoo's Q3 2023 earnings were impacted by production delays and supply chain challenges, resulting in minimal revenue.
Canoo reported minimal revenue in Q3 2023 due to ongoing production delays and supply chain issues. The company continues to focus on securing additional funding and advancing its manufacturing capabilities.
- Reported minimal revenue due to production delays.
- Focused on securing additional funding.
- Advanced manufacturing capabilities.
- Managed operating expenses.
Headline financials
Revenue & EPS history
Canoo · Revenue · Quarterly
$519K
Forward guidance
Canoo anticipates continued progress in securing funding and advancing its production capabilities, while navigating ongoing supply chain uncertainties.
Tailwinds
- Expected progress in securing funding.
- Anticipated advancement in production capabilities.
- Continued focus on strategic partnerships.
- Potential for increased demand.
- Further refinement of vehicle designs.
Headwinds
- Ongoing supply chain uncertainties.
- Potential for further production delays.
- Risk of not securing sufficient funding.
- Uncertainty in market conditions.
- Challenges in scaling production efficiently.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
+1166800.7%
Avg return
Earnings day
—
Avg return
5 days after
—
Avg return
30 days after
50%
12 / 24 earnings
Positive
+28003312.7%
Q1 2019
Best reaction
-27.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2024 | +0.0% | — | — | |
| Q3 2024 | -27.1% | — | — | |
| Q2 2024 | +2.7% | — | — | |
| Q1 2024 | -2.6% | — | — | |
| Q4 2023 | -21.6% | — | — | |
| Q3 2023 | +7.7% | — | — | |
| Q2 2023 | -5.9% | — | — | |
| Q1 2023 | +5.3% | — | — | |
| Q4 2022 | +6.0% | — | — | |
| Q3 2022 | -7.3% | — | — | |
| Q2 2022 | -7.8% | — | — | |
| Q1 2022 | -26.7% | — | — | |
| Q4 2021 | -4.9% | — | — | |
| Q3 2021 | +21.7% | — | — | |
| Q2 2021 | -9.5% | — | — | |
| Q1 2021 | +4.0% | — | — | |
| Q4 2020 | -25.4% | — | — | |
| Q3 2020 | +0.2% | — | — | |
| Q2 2020 | -5.2% | — | — | |
| Q1 2020 | +0.1% | — | — | |
| Q4 2019 | +0.9% | — | — | |
| Q3 2019 | +0.1% | — | — | |
| Q2 2019 | +0.3% | — | — | |
| Q1 2019 | +28003312.7% | — | — |
Discussion
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