Proterra, Inc. (PTRA)
March 20, 2023
Proterra (PTRA; $1.32; O/P) shares are still down 47% since releasing Q4 results on 3/15 and some guidance for 2023E, reflecting a combination of concerns that the company would breach its convertible debt covenants, resolved…
January 20, 2023
Last night, Proterra (PTRA; $4.87; O/P) announced plans to concentrate its electric bus and battery manufacturing at its facilities in South Carolina, leading the company to exit its plant in City of Industry, CA, which…
November 3, 2022
Proterra (PTRA; $5.87; O/P) produced Q3 sales of $96mm (+55% YoY), well above our $80mm and the Street’s $81mm, while reiterating full 2022E sales targets of $300-325mm (+24-34% YoY). At the same time, EBITDA losses…