Proterra Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 85.71 million compared to USD 74.56 million a year ago. Net loss was USD 30.99 million compared to USD 41.82 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.38 a year ago.
For the six months, revenue was USD 165.24 million compared to USD 133.15 million a year ago. Net loss was USD 274.97 million compared to USD 91.9 million a year ago. Basic loss per share from continuing operations was USD 1.21 compared to USD 0.41 a year ago. Diluted loss per share from continuing operations was USD 1.21 compared to USD 0.56 a year ago.