Lucid Non-GAAP EPS of -$0.29 misses by $0.02, revenue of $200.58M beats by $7.93M

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Contributor since / Followers

3 months ago

Lucid press release (NASDAQ:LCID): Q2 Non-GAAP EPS of -$0.29 misses by $0.02.
Revenue of $200.58M (+32.9% Y/Y) beats by $7.93M.
Produced 2,110 vehicles in Q2; on track for annual production of approximately 9,000 vehicles
Delivered 2,394 vehicles in Q2; up 70.5% compared to Q2 2023.
Ended the quarter with approximately $4.28 billion of total liquidity
Separately, announced a commitment of $1.5 billion today from an affiliate of the Public Investment Fund.
Shares +3.33%.

Tags: LCID