Rivian forecasts Q2 revenue of $1.55B-$1.65B, beating analyst expectations
By
Harsh Shukla
1d ago· 1 min readenNews
Summary
Rivian Automotive announced Q2 2024 revenue guidance between $1.55B and $1.65B, exceeding the average analyst estimate of $1.44B. The disclosure was made via an SEC filing, alongside news of a 75M share offering and the company's cash balance position.
Source
bskyRivian forecasts Q2 revenue of $1.55B-$1.65B, beating analyst expectationsseekingalpha.comKey quotes
· 1 pulledRivian Automotive (RIVN) announced on Monday its second quarter revenue to be expected between $1.55B and $1.65B, which beat the average analyst estimate of $1.44B.
Rivian (RIVN) Q2 revenue outlook beats estimates; cash balance and 75M share offering move stock.
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