Earnings Results

Lordstown posts narrower loss, pushes pickup production to later in 2022

Lordstown pushes commercial production and sales of the Endurance a little later in 2022.

Bloomberg News

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Shares of Lordstown Motors Corp. traded lower in the extended session Thursday after the electric-vehicle maker reported a narrower quarterly loss and said production of its Endurance electric pickup truck will begin in earnest a little later than it had planned.

Lordstown RIDE said it lost $96 million, or 54 cents a share, in the third quarter, compared with a loss of $42 million, or 57 cents a share, in the year-ago period.

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