Benzinga | Nov 15, 2021 06:05PM EST

Arcimoto Q3 EPS $(0.31) Misses $(0.20) Estimate, Sales $1.50M Miss $1.88M Estimate

Arcimoto (NASDAQ:FUV) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $(0.20) by 55 percent. This is a 106.67 percent decrease over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $1.50 million which missed the analyst consensus estimate of $1.88 million by 20.32 percent. This is a 119.04 percent increase over sales of $683.89 thousand the same period last year.