Rivian Earnings Report 2024

Reported at $1,204 million in q1 2024, surpassing the estimated $1,163.40 million. But rivian said it expected to achieve positive gross profit in 2024.


Rivian Earnings Report 2024

Last month rivian disclosed it delivered 7,946 vehicles in q1, topping street estimates of. Increased to $ (1,446) million in q1 2024 from $ (1,349).

Rivian Generated Negative Gross Profit Of $ (527) Million For The First Quarter Of 2024 As Compared To $ (535) Million For The First Quarter Of 2023.

Reiterated at negative $2.7 billion.

Rivian Stock Plunges 26% On 2024 Production Guidance That Stalls At 2023 Level.

But rivian said it expected to achieve positive gross profit in 2024.

Images References :

(Nasdaq:rivn) Q1 2024 Earnings Conference Call May 7, 2024 5:00 Pm Et.

Total revenue for the fourth quarter of 2023 was $1,315 million, driven by the delivery of 13,972 vehicles.

Look Out For Rivn's Next Earnings Release Expected On August 13, 2024.

Reiterated at negative $2.7 billion.