Polestar Automotive (PSNY) reported a Q2 net loss Thursday of $459 million, compared with a loss of $1.03 billion a year earlier.
Revenue for the quarter ended June 30 was $727 million, down from $791 million a year earlier.
Shares of the company fell more than 3% in recent premarket activity Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.