Rivian posts $170 million 'gross profit' in Q4, sees losses decreasing as variable costs improve
Rivian reported strong fourth quarter results after the bell on Thursday and came through on its goal of posting a "gross profit" for the quarter, with a smaller than expected full-year 2024 EBITDA loss to boot.
Rivian (NASDAQ:RIVN) investors had their eyes locked on one crucial number ahead of the EV maker’s Q4 earnings: its first-ever gross profit.
Rivian Automotive shares moved lower in early Friday trading following a disappointing sales outlook but a top Wall Street ...
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5 Key Takeaways Rivian Investors Shouldn’t IgnoreRivian (NASDAQ: RIVN) delivered its Q4 2024 earnings report on yesterday, and while the electric vehicle (EV) market faces ...
Rivian (NASDAQ:RIVN) made a pledge to investors, and the time to deliver on that promise has arrived. The EV maker reports ...
Wall Street is looking for Rivian to report its first positive quarterly gross profit margin as a publicly traded company s ...
Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...
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Rivian Earnings Are Due. Can The EV Startup Foil Elon Musk's Prophecy?However, a year later and Rivian is still alive and investors await the EV start-up's fourth-quarter earnings report late ...
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Rivian beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit but is ...
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