EMBK(Delisted)
Embark Technology·NASDAQ
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About EMBK
Embark Technology, Inc.
A leading developer of autonomous technology for the trucking industry
321 Alabama Street, San Francisco, CA 94110
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Embark Technology, Inc., was incorporated in Delaware on September 25, 2020. Embark develops technologically advanced autonomous driving software for the trucking industry and provides a carefully constructed business model designed to provide the industry with a path to adopt autonomous driving. Specifically, Embark has developed a software-as-a-service platform designed to interoperate with various truck OEM platforms, abandoning the complex and logistically challenging truck manufacturing or hardware manufacturing business in favor of focusing on superior driving technology. Embark's business plan envisages that if Embark achieves scale, truck fleets will be able to acquire Embark technology by subscribing to a software license, which was selected as an option when designating the manufacture of new semi-trucks.
Company Financials
EPS
EMBK has released its 2023 Q1 earnings. EPS was reported at -2.67, versus the expected 0, missing expectations. The chart below visualizes how EMBK has performed over recent quarters, highlighting trends in earnings surprises.
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