GreenPower Motor reports Q3 revenue $12.8M, consensus $8.98M

"The quarter was record setting in all aspects for GreenPower," said CEO Fraser Atkinson. "In addition to realized revenue, GreenPower had more than $12M of deferred revenue at the end of Q3, the majority of which we expect to recognize over the next 12 months, further accelerating our revenue growth. Utilizing our current inventory and with continued increase in production, GreenPower is on track for this quarter to exceed last quarter’s record delivery of 101 vehicles. We are working on more than 30 deals in eight states for our BEAST and Nano BEAST school buses with deliveries for the first of these also utilizing current inventory".