Mullen Automotive Earlier Reported Q4 2023 EPS $(15.32); Total Vehicles Invoiced $17.298M
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive reported its Q4 2023 earnings with an EPS of $(15.32) and total vehicles invoiced amounting to $17.298 million.

February 13, 2024 | 8:19 pm
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Mullen Automotive reported a Q4 2023 EPS of $(15.32) and invoiced vehicles worth $17.298 million.
The reported EPS of $(15.32) indicates a significant loss per share for Mullen Automotive in Q4 2023, which could negatively impact investor sentiment and potentially lead to a decrease in stock price in the short term. However, the invoicing of $17.298 million in vehicles shows some level of operational activity and revenue generation, which might offset some of the negative impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100