Rivian Automotive, Inc. Class A Common Stock (RIVN)
RIVN Drives Focus on 4Q, TTD Trades Down, PINS Ad Revenue Struggles
Pinterest (PINS) didn't draw investor confidence by showing ad revenue headwinds and weaker-than-expected guidance. The Trade Desk (TTD) opened as the worst performer in the S&P 500 despite its earnings beat.
Rivian's Rocky Q3: Buy the Stock Now on Strategic Moves or Wait?
While RIVN missed Q3 expectations, things appear to be looking up from here. Read on to know if you should buy the stock now or wait for clearer recovery.
Investors unperturbed by Rivian miss
Rivian Automotive Inc (NASDAQ:RIVN) posted lower-than-expected third-quarter revenue of $874 million after supply chain issues, which affected the sourcing of parts, hit both the top and bottom lines. The electric truck maker's turnover was around $16 million below estimate said it reported an adjusted loss per share of $0.99 versus a forecast of $0.92.
Rivian is shoring up sourcing for its R2 affordable SUV with Trump's proposed tariffs in mind, CEO says
Donald Trump's tariff proposals and pushback on EVs could have a significant impact on automakers. Rivian CEO RJ Scaringe said during an earnings call the company has been bracing for tariffs.
Rivian Automotive, Inc. (RIVN) Q3 2024 Earnings Call Transcript
Rivian Automotive, Inc. (NASDAQ:RIVN ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tim Bei - VP, IR RJ Scaringe - Founder and CEO Claire McDonough - CFO Javier Varela - Chief Operations Officer Conference Call Participants Emmanuel Rosner - Wolfe Research Adam Jonas - Morgan Stanley Dan Levy - Barclays Mark Delaney - Goldman Sachs Joseph Spak - UBS George Gianarikas - Canaccord Genuity Tom Norian - RBC Capital Markets Alex Potter - Piper Sandler Mike Shlisky - D.A. Davidson Operator Good day.
Rivian Automotive (RIVN) Reports Q3 Loss, Lags Revenue Estimates
Rivian Automotive (RIVN) came out with a quarterly loss of $1.03 per share versus the Zacks Consensus Estimate of a loss of $0.89. This compares to loss of $1.19 per share a year ago.
LG Energy Solution signs 5-year battery supply deal with Rivian
South Korea's LG Energy Solution on Friday said its subsidiary LG Energy Solution Arizona has signed a battery supply agreement with U.S.-based automotive manufacturer Rivian.
Rivian Reports Quarterly Loss; 'On Track' For Gross Profit Per Vehicle Delivered
Rivian stock is about 87% below its IPO price of $78. The post Rivian Reports Quarterly Loss; 'On Track' For Gross Profit Per Vehicle Delivered appeared first on Investor's Business Daily.
Rivian's losses widen, but investors like hearing of ‘progress' in next-gen EV
Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.
Rivian CEO RJ Scaringe: Our core focus is driving toward profitability
Rivian CEO RJ Scaringe joins 'Closing Bell Overtime' to talk quarterly results, the impact of a second Trump administration and more.
Rivian misses on quarterly results
CNBC's Phil LeBaue breaks down Rivian earnings.
Rivian Q3 Earnings Highlights: Revenue, EPS Miss, CEO Confident In Q4 Gross Profit, R2 Being 'Fundamental Driver' Of Growth
Electric vehicle company Rivian Automotive RIVN reported third-quarter financial results after market close Thursday.
