Rivian GAAP EPS of -$1.27 beats by $0.14, revenue of $1.12B misses by $30M
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Contributor since / Followers
1 month ago
- Rivian press release (NASDAQ:RIVN): Q2 GAAP EPS of -$1.27 beats by $0.14.
- Revenue of $1.12B (flat Y/Y) misses by $30M.
- Announced technology joint venture with Volkswagen Group with a total deal size of up to $5 billion
- Total revenues for the second quarter of 2024 were $1,158 million, primarily driven by the delivery of 13,790 vehicles. Total revenues from the sale of regulatory credits were $17 million for the quarter.