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Tag: Rivian

Rivian Posts Losses in Third Quarter Sales; Loss forecast for the full year widens, but a “modest gross profit” is still expected for the fourth quarter

Posted on | Posted on angela | Leave a Comment on Rivian Posts Losses in Third Quarter Sales; Loss forecast for the full year widens, but a “modest gross profit” is still expected for the fourth quarter
Rivian Posts Losses in Third Quarter Sales; Loss forecast for the full year widens, but a “modest gross profit” is still expected for the fourth quarter

Rivian (RIVN) reported third-quarter revenue that fell short of the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was weighed down by an issue with supplier parts. Although the company is now forecasting a larger-than-expected loss for the year, it is maintaining its full-year delivery forecast and still expects a “modest […]

Rivian (RIVN) Q3 Earnings: What to Expect

Posted on | Posted on angela | Leave a Comment on Rivian (RIVN) Q3 Earnings: What to Expect
Rivian (RIVN) Q3 Earnings: What to Expect

Electric vehicle maker Rivian (NASDAQ:RIVN) will report earnings tomorrow after the market closes. Here's what you should pay attention to. Rivian met analysts' revenue expectations in its most recent quarter, reporting revenue of $1.16 billion, up 3.3% year-over-year. It was a very strong quarter for the company, with an impressive exceedance of analyst volume and […]