Stocks in play: The Lion Electric Company
Announced its financial and operating results for the first quarter of fiscal year 2024, which ended on March 31, 2024. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards. Revenue of $55.5 million, up $0.8 million, as compared to $54.7 million in Q1 2023. Net loss of $21.7 million, as compared to net loss of $15.6 million in Q1 2023. The Lion Electric Company shares T.LEV are trading down $0.13 at $1.30.
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