Proterra Inc posts $237.95 million annual profit

Proterra Inc [ACTCU]  has posted annual profit of $237.95 million for the year ended Dec 31,2022.

The company based in California(CA)reported a risein revenue to $309.36 milion for the year when compared to $242.86 million in the previous year.

A filing from the company with the Securities and Exchange Commission on Mar 17,2023 showed that its revenue is  up 27.38% year-over-year.

The company reported basic earnings per share of $null and diluted earnings per share of $249156.0.

Proterra Inc operates in the Motor Vehicles & Passenger Car Bodies sector.