RIVN Stock Earnings: Rivian Beats EPS, Revenue Estimates

Stock Market

Rivian (NASDAQ:RIVN) reported earnings for the first quarter of 2023.

  • Rivian reported a loss per share of $1.25. This was better than the loss of $1.59 that analysts expected.
  • The company reported revenue of $661 million.
  • This is a 1.4% positive surprise compared to the analyst estimate of $652.1 million.
  • You can read the full Rivian press release here.

On the date of publication, Sarah Smith did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Sarah Smith is the Editor-in-Chief of InvestorPlace.com.

Articles You May Like

3 Under-$10 Sleeper Stocks to Buy Before Investors Wake Up
3 Stocks to Buy for the AI Revolution
3 Tips on How to Know if an Options Trading Guru is Real
Stocks making the biggest moves after hours: Lululemon, MongoDB, Five Below and more
Why Li Auto Is Still a Standout Among Chinese EV Stocks