EV maker Fisker soars on rising orders, backing production view

Uni-Select

27/02/2023 12:46

** Shares of EV maker Fisker Inc  FSR.N  rise 6.9% to $6.07
premarket
    ** Fisker forecasts 8-12% annual gross margin and
potentially positive EBITDA for 2023
    ** Co says reservations and orders for its SUV Fisker Ocean
continue to increase, totaling about 65,000 as of Feb. 24, up
from 62,000 as of Oct. 31
    ** Maintains 2023 production target of up to 42,400 units
    ** Co reports Q4 loss of 54 cents per share vs analysts'
estimates of 42 cents loss per share - Refinitiv data
    ** FSR stock fell ~54% in 2022, and a further ~22% this year
through Friday

 (Reporting by Samrhitha Arunasalam in Bengaluru)
 ((Samrhitha.A@thomsonreuters.com))