Rivian (RIVN) earnings Q2 2022


Electric vehicle maker Rivian Automotive maintained its full-year guidance for deliveries Thursday and reported second-quarter revenue that was higher than Wall Street expected.

But it trimmed its full-year financial outlook, saying that investors should now expect a wider loss and lower capital expenditures than it had previously forecast.

Here are the key numbers from Rivian’s second-quarter report, compared with average Wall Street analyst expectations as complied by Refinitiv:

  • Revenue: $364 million versus $337.5 million expected.
  • Adjusted loss per share: $1.62 versus an expected adjusted loss of $1.63 per share.

Rivian’s net loss for the quarter was about $1.7 billion.

The company had…


0 0 votes
Article Rating

Some spirits drinkers are starting to trade down, Beam Suntory says

Previous article

Here’s where China’s real estate troubles could spill over

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Autos