02:05 PM EDT, 08/20/2024 (MT Newswires) -- Workhorse Group ( WKHS ) shares were down about 23% in recent Tuesday trading following its Q2 results.

The company narrowed its Q2 loss to $1.40 per diluted share from a loss of $2.40 a year earlier.

Three analysts polled by Capital IQ expected a loss of $1.44.

Sales for the quarter ended June 30 were $842,440, down from $4 million a year earlier.

Four analysts surveyed by Capital IQ expected $3.9 million.

Price: 0.94, Change: -0.28, Percent Change: -23.03