Brief: Mullen Announces Strong Forecast Of $75 Mln In GAAP Revenue For Next 6 Months

Bollinger Innovations

07/10/2024 11:43

Oct 7 (Reuters) - Mullen Automotive Inc  MULN.O :
    * MULLEN ANNOUNCES STRONG FORECAST OF $75M IN GAAP REVENUE
FOR
NEXT 6 MONTHS AND IMMEDIATE REDUCTION OF $5.5M IN MONTHLY
OPERATING EXPENSES
    * MULLEN AUTOMOTIVE INC - TO CUT EXPENSES WITH 20% VIA
HEADCOUNT
REDUCTION, PROGRAM ELIMINATIONS
    * MULLEN AUTOMOTIVE INC - TO REDUCE MONTHLY SPEND FROM $12.8
MILLION TO $7.3 MILLION

Source text for Eikon:  ID:nGNX4S5fFh 
Further company coverage:  MULN.O 

 ((Reuters.Briefs@thomsonreuters.com;))