Workhorse q4 2024 earning call summary

Workhorse Group Inc. (WKHS) will hold its Q4 and Full Year 2024 earnings conference call on Monday, March 31, 2025 at 10:00 a.m. ET[1][8]. The company will release its financial results via press release before the call.

Key details:

– Date: Monday, March 31, 2025
– Time: 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time)
– U.S. dial-in: 877-407-8289
– International dial-in: 201-689-8341

The call will include a management presentation followed by a Q&A session[1]. A live webcast and replay will be available on Workhorse’s investor relations website[8].

While full results have not yet been released, analysts are estimating:

– Q4 2024 revenue of $3.07 million, down 30.44% year-over-year[4]
– Q4 2024 EPS of -$5.31, an improvement from -$47.50 in Q4 2023[4][5]

For the full year 2024, preliminary unaudited results show:

– Sales of $6.6 million, down from $13.1 million in 2023[2]
– Net loss of $101.8 million, improved from $123.9 million loss in 2023[2]
– Total working capital of $8.2 million as of December 31, 2024[2]

The company is expected to discuss its financial performance, strategic initiatives, and outlook for 2025 during the call[1]. Investors will likely be interested in updates on vehicle production, sales progress, and efforts to improve the company’s financial position.

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