The electric vehicle automaker reported ($1.41) earnings per share (eps) for the quarter,. Read more current rivn analysis and news.
Increased to $ (1,446) million in q1 2024 from $ (1,349). Read more current rivn analysis and news.
(Nasdaq:nasdaq:rivn) Q1 2024 Earnings Conference Call May 7,.
For the full year 2024, management is reaffirming guidance.
Reported At $1,204 Million In Q1 2024, Surpassing The Estimated $1,163.40 Million.
Rivian ( rivn) also said it is on a path to positive gross profit in q4 and positive adjusted ebitda in 2027.
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Rivian lost almost $40,000 per vehicle built in q1 2024.
For The Full Year 2024, Management Is Reaffirming Guidance.
The automaker is cutting its salaried workforce 10 percent and forecasting flat 2024 production compared to last year at 57,000 vehicles, rivian said in its fourth.