EV maker Polestar secures $450 million loan facility, delays quarterly results-February 2024-www.financetom.com

EV maker Polestar secures $450 million loan facility, delays quarterly results

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

EV maker Polestar secures $450 million loan facility, delays quarterly results

Feb 28, 2025 4:27 AM

Feb 28 (Reuters) - Electric vehicle maker Polestar

has secured a 12-month loan facility of up to $450

million, it said on Friday, and would delay its fourth-quarter

results in April along with its annual filing for fiscal 2024.

Backed by China's Geely, the company has

struggled to drum up demand for its vehicles amid a softer

buying environment and strong competition from carmakers such as

Tesla.

Previous page： Equity LifeStyle Properties Q4 FFO, Revenue Increase Next page： WSFS Financial Q4 Earnings, Revenue Drop, Maintains Quarterly Dividend

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Equity LifeStyle Properties Q4 FFO, Revenue Increase

Jan 27, 2025

04:50 PM EST, 01/27/2025 (MT Newswires) -- Equity LifeStyle Properties ( ELS ) reported Q4 normalized funds from operations Monday of $0.76 per diluted share, up from $0.71 a year earlier. Analysts polled by FactSet expected core FFO of $0.76. Revenue for the quarter ended Dec. 31 was $372.3 million, up from $360.6 million a year earlier. Analysts surveyed by...

WSFS Financial Q4 Earnings, Revenue Drop, Maintains Quarterly Dividend

Jan 27, 2025

04:51 PM EST, 01/27/2025 (MT Newswires) -- WSFS Financial ( WSFS ) reported Q4 core diluted earnings late Monday of $1.11 per share, down from $1.15 a year earlier. Analysts polled by FactSet expected $0.97. Revenue for the quarter that ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $261.5 million, compared with...

Mirum Pharmaceuticals Insider Sold Shares Worth $327,658, According to a Recent SEC Filing

Jan 27, 2025

04:51 PM EST, 01/27/2025 (MT Newswires) -- Christopher Peetz, Director, CEO, on January 23, 2025, sold 6,837 shares in Mirum Pharmaceuticals ( MIRM ) for $327,658. Following the Form 4 filing with the SEC, Peetz has control over a total of 333,592 shares of the company, with 125,022 shares held directly and 208,570 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1759425/000141588925002134/xslF345X05/form4-01272025_090100.xml ...

PotlatchDeltic Q4 Adjusted Net Income, Revenue Increase

Jan 27, 2025

04:50 PM EST, 01/27/2025 (MT Newswires) -- PotlatchDeltic ( PCH ) reported Q4 adjusted net income late Monday of $0.07 per diluted share, compared with breakeven a year earlier. Analysts polled by FactSet expected a loss of $0.02. Revenue for the quarter ended Dec. 31 was $258.1 million, up from $254.5 million a year earlier. Analysts surveyed by FactSet expected...