Embark Trucks Announces Revised Fourth Quarter and Full Year 2021 Conference Call Time

Rhea-AI Summary

Embark Trucks will announce its fourth-quarter 2021 financial results on March 17, 2022, after market close. The earnings conference call is scheduled for the same day at 4:30 PM ET. Interested investors can access the call via the company’s Investor Relations website or by phone. Embark focuses on developing autonomous trucking technology aimed at increasing safety and efficiency in the $700 billion trucking market. The company has partnerships representing over 35,000 trucks and aims to improve cost efficiency for consumers while enhancing road safety.

Positive

• Embark is a leading developer in the autonomous technology sector, focusing on the $700 billion trucking market.
• The company has partnerships with major shippers and carriers, representing over 35,000 trucks and $22 billion in annual freight spend.
• Scheduled earnings call shows transparency and commitment to investor relations.

Negative

• The need for the earnings conference call indicates ongoing financial scrutiny, which may suggest volatility.
• Forward-looking statements in the PR highlight risks related to market expansion, regulatory changes, and potential adverse effects from economic factors.

SAN FRANCISCO, March 10, 2022 (GLOBE NEWSWIRE) -- Embark Trucks, Inc. (“Embark” or the “Company”), a leading developer of autonomous technology for the trucking industry, previously announced that it will release its financial results for the fourth quarter 2021 after market close on March 17, 2021. In order to best accommodate analysts’ and investors’ ability to participate in the Company’s and other transportation companies’ conference calls, Embark will now host its fourth quarter 2021 earnings conference call on March 17, 2022 at 4:30 p.m. (Eastern Time).

Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at https://investors.embarktrucks.com/.

The conference call can be accessed live over the phone by dialing 1-877-407-9208 (domestic) or + 1-201-493-6784 (international). A telephonic replay will be available approximately two hours after the call by phone by dialing 1-844-512-2921 (domestic) or + 1-412-317-6671 (international). The conference ID for the live call and pin number for the replay is 13726555. The replay will be available until 11:59 p.m. Eastern Time on March 31, 2022.

About Embark

Embark Trucks, Inc., a wholly owned subsidiary of Nasdaq-listed Embark Technology, Inc. (Nasdaq: EMBK), is an autonomous vehicle company building the software powering autonomous trucks, focused on improving the safety, efficiency, and sustainability of the nearly $700 billion a year trucking market. Headquartered in San Francisco, CA since its founding in 2016, Embark is America’s longest-running self-driving truck program. The company partners with some of the largest shippers and carriers in the nation, collectively representing over 35,000 trucks and $22 billion in annual freight spend.

Embark’s mission is to realize a world where consumers pay less for the things they need, drivers stay close to the homes they cherish, and roads are safer for the people we love. To learn more about Embark, visit embarktrucks.com.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Embark’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward looking statements. These forward-looking statements include, without limitation, Embark’s expectations with respect to future performance. These forward-looking statements also involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Factors that may cause such differences include, but are not limited to: (1) ability to expand into new markets; (2) changes in the applicable laws or regulations; (3) the possibility that Embark may be adversely affected by other economic, business, and/or competitive factors; (4) the impact of the global COVID-19 pandemic; and (5) other risks and uncertainties separately provided to you and indicated from time to time described in filings and potential filings by Embark with the U.S. Securities and Exchange Commission (the “SEC”), including those discussed in the registration statement on Form S-4 and definitive proxy statement/prospectus and other documents filed with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward looking statements. Embark cautions that the foregoing list of factors is not exhaustive and not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. Embark undertakes no obligation to and accepts no obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

Contacts
For Embark:

Investor Relations: investorrelations@embarktrucks.com
Media: press@embarktrucks.com 

FAQ

When will Embark Trucks release its fourth-quarter 2021 financial results?

Embark Trucks will release its fourth-quarter 2021 financial results on March 17, 2022.

What time is Embark Trucks' fourth-quarter 2021 earnings call?

The earnings call for Embark Trucks is scheduled for March 17, 2022, at 4:30 PM ET.

How can I access Embark Trucks' earnings conference call?

You can access Embark Trucks' earnings conference call via their Investor Relations website or by calling 1-877-407-9208 for domestic calls.

What is the significance of Embark's partnerships in the trucking industry?

Embark's partnerships with major shippers and carriers represent over 35,000 trucks and $22 billion in annual freight spend, highlighting its market influence.

What risks are associated with Embark Trucks as mentioned in the press release?

Risks include challenges in market expansion, regulatory changes, and potential impacts from economic factors.