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Romeo Power, Inc. (RMO)

NYSE: RMO · IEX Real-Time Price · USD
4.59
+0.03 (0.66%)
After-hours:Oct 22, 2021 7:59 PM EDT
4.56
-0.32 (-6.56%)
At close: Oct 22, 4:00 PM
Market Cap620.15M
Revenue (ttm)10.95M
Net Income (ttm)53.10M
Shares Out131.06M
EPS (ttm)0.62
PE Ratio7.33
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume3,318,540
Open4.87
Previous Close4.88
Day's Range4.52 - 4.87
52-Week Range4.09 - 38.90
Betan/a
Analystsn/a
Price Targetn/a
Est. Earnings DateNov 8, 2021

About RMO

Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. The Romeo Power North America segment designs and manufactures battery modules, battery packs, and battery management system technologies in North America. The Joint Venture Support segment provides design, research and development, and other engineering related services. It serves ...

IndustryAuto Parts
Founded2016
Employees164
Stock ExchangeNYSE
Ticker SymbolRMO
Full Company Profile

Financial Performance

In 2020, Romeo Power's revenue was $8.97 million, an increase of 5.73% compared to the previous year's $8.49 million. Losses were -$7.62 million, -87.27% less than in 2019.

Financial Statements

News

7 Penny Stocks to Buy – While They're Still Penny Stocks

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3 days ago - InvestorPlace

7 Short-Squeeze Stocks That Could Soar in October on EV News

Short-Squeeze stocks are as popular as ever, and these EV companies are the ones to watch in October as the sector heats up. The post 7 Short-Squeeze Stocks That Could Soar in October on EV News appeare...

1 week ago - InvestorPlace

Romeo Power Leases Manufacturing Facility In California

Romeo Power Inc (NYSE: RMO) has leased a new Class A, state-of-the-art headquarters and manufacturing facility in Cypress, California. The facility will support Romeo Power's expansion of battery develo...

2 weeks ago - Benzinga

Romeo Power Signs Lease for 215,000 Square Foot State-of-the-Art Facility in Southern California

LOS ANGELES--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, has le...

2 weeks ago - Business Wire

Romeo Power Partners With Dynexus Technology For Advanced Battery Sensors

Romeo Power Inc (NYSE: RMO) is partnering with Dynexus Technology  to introduce advanced battery sensing and diagnostics for battery-electric commercial vehicles. The collaboration will integrate Dynexu...

1 month ago - Benzinga

Romeo Power and Dynexus Technology Collaborate to Introduce Advanced Battery Sensing and Diagnostics for Battery-Elec...

LOS ANGELES & LOVELAND, Colo.--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle ap...

1 month ago - Business Wire

The 6 Best Penny Stocks to Buy for September

Investing in penny stocks can be an intriguing numbers game. With many stocks to choose from, a handful are bound to be winners.

Other symbols:BIOLMMATMNKD
1 month ago - InvestorPlace

What Did the Stock Market Do Today, Aug. 23? 3 Big Stories to Catch Up On.

So what did the stock market do today? Investors cheered on Pfizer stock and rallied behind infrastructure plays.

1 month ago - InvestorPlace

Why Canoo, Romeo Power, and Velodyne Lidar Are Surging Today

Are the short-sellers finally on the run, or is something else happening?

Other symbols:GOEVVLDR
1 month ago - The Motley Fool

Why So Many Electric-Vehicle Stocks Closed Lower on Thursday

A grim announcement from Toyota sent shockwaves through the auto industry.

2 months ago - The Motley Fool

Why Is Romeo Power Stock Down Today?

This company may not be what it appears to be.

2 months ago - The Motley Fool

Lithium Americas, Microvast, Romeo Power, Standard Lithium: Dead Batteries?

Last week, BofA Securities reiterated its Underperform rating on lithium products maker Livent Corp.

Other symbols:LACMVSTSLI
2 months ago - 24/7 Wall Street

Romeo Power Shares Plunge On Worse-Than-Expected Q2 Results

Romeo Power Inc (NYSE: RMO) reported a second-quarter FY21 revenue decline of 18% year-on-year, to $0.926 million, missing the analyst consensus of $3.05 million. Product revenue rose 1.7% Y/Y, and serv...

2 months ago - Benzinga

Slumping battery startup Romeo Power pays big to secure cell supply

Newly public Romeo Power Inc. is betting a large part of its future on a long-term cell supply agreement with LG Electronics that would allow the startup to compete for new business and fill its current...

2 months ago - FreightWaves

Why Romeo Power's Revenue Fell Far Short of Estimates

And why the company stuck with its full-year sales guidance despite the miss.

2 months ago - The Motley Fool

Why Romeo Power Stock Is Sinking Today

A big earnings miss triggered a sell-off -- but the CFO says it's a matter of timing.

2 months ago - The Motley Fool

RMO Stock: 10 Things for Romeo Power Investors to Know as Shares Plunge

Romeo Power (RMO) stock is taking a beating on Tuesday and it has to do with a recent announcement from the energy technology company. The post RMO Stock: 10 Things for Romeo Power Investors to Know as ...

2 months ago - InvestorPlace

Why Shares of Romeo Power, Standard Lithium, and Microvast Holdings Plunged Today

Weak economic data from China triggered a sell-off in lithium stocks.

Other symbols:MVSTSLI
2 months ago - The Motley Fool

Romeo Power Announces Second Quarter 2021 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo Power” or the “Company”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle app...

2 months ago - Business Wire

Romeo Power Needs To See A Bounce Off Support

Romeo Power Inc. (NYSE:RMO) shares are trading lower Friday, despite announcing the company entered into a long-term supply agreement for lithium-ion battery cells with LG Energy Solution, Ltd. This agr...

2 months ago - Benzinga

Romeo Power Stock Gains On Long-Term Supply Agreement With LG Energy Solution

Romeo Power Inc (NYSE:RMO) has entered into a long-term supply agreement for lithium-ion battery cells with LG Energy Solution, Ltd. Under this long-term supply agreement, LG Energy has committed to sup...

2 months ago - Benzinga

Romeo Power Signs Long-Term Supply Agreement With LG Energy Solution to Provide Lithium-Ion Battery Cells Through 2028

LOS ANGELES--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo Power”) (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, has ent...

2 months ago - Business Wire

Struggling battery startup Romeo Power taps veteran executive for CEO

Lionel Selwood Jr. is out as the president and CEO at startup commercial truck battery pack maker Romeo Power Inc., replaced by 30-year auto and energy industries veteran Susan Brennan. Selwood, who bec...

2 months ago - FreightWaves

Romeo Power Appoints Susan Brennan As CEO

Romeo Power Inc (NYSE: RMO) has appointed Susan Brennan as President and Chief Executive Officer, effective as of August 16, 2021. Most recently, Susan held the role of Chief Operations Officer at Bloom...

2 months ago - Benzinga

Romeo Power Announces Susan Brennan as New President and Chief Executive Officer

LOS ANGELES--(BUSINESS WIRE)--Romeo Power (NYSE: RMO) (“Romeo Power” or the “Company”) today announced that its Board of Directors (the “Board”) appointed Susan Brennan as President and Chief Executive ...

2 months ago - Business Wire