NASDAQ$GOEVQ
Canoo Inc. · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Announced fourth quarter and fiscal year 2022 financial results.
Canoo Inc. reported a GAAP net loss of $80.2 million for the fourth quarter of 2022 and had cash and cash equivalents of $36.6 million as of December 31, 2022. The company focused on achieving milestones, managing legacy matters, and optimizing manufacturing and cost efficiency.
- SEC investigation resolved with a $1.5M payment.
- Department of Defense selected Canoo for battery module testing and demonstration.
- First LTV delivered to the US Army.
- Phase 1 SOP Michigan completed.
Headline financials
Revenue & EPS history
Canoo · Revenue · Quarterly
$891K
Forward guidance
Canoo expects operating expenses (excluding stock-based compensation and depreciation) of $55.0 million to $70.0 million and capital expenditures of $30.0 million to $45.0 million for the first quarter of 2023.
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% | — | — |
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