Raises Rivian Delivery Forecast as R2 Ramp Supports Quarterly Results

Rivian Automotive (RIVN) shares rose about 7.2% in after-hours trading after the electric-vehicle maker reported third-quarter revenue above estimates, a narrower adjusted loss and an improved full-year delivery outlook. Revenue climbed 38% to $2.16 billion, topping the Bl

Rivian Automotive (RIVN) shares rose about 7.2% in after-hours trading after the electric-vehicle maker reported third-quarter revenue above estimates, a narrower adjusted loss and an improved full-year delivery outlook.

Revenue climbed 38% to $2.16 billion, topping the Bloomberg consensus estimate of $2.02 billion

Adjusted loss

Leave a Reply

Your email address will not be published. Required fields are marked *