Romeo Power, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2021
Romeo Power, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported total revenues of $1,054,000 compared to $2,522,000 a year ago. Operating loss was $25,543,000 compared to $5,819,000 a year ago. Net income was $90,012,000 compared to net loss of $6,769,000 a year ago. Net income per common share - basic was $0.70 compared to loss per common share was $0.09 a year ago. Net income per common share - diluted was $0.66 compared to loss per common share was $0.09 a year ago.