Rivian Q3 2023 earnings (Source: Rivian) In light of the progress, Rivian is increasing its production target for 2023 to 54,000, up 2,000 from its previous goal.

A year ago, Rivian delivered 15,564 units while producing 16,304 vehicles in Q3 2023. Prior to Friday's release, Rivian had been targeting full-year production of 57,000 units.

Rivian (RIVN) reported third ... Despite the Q3 production and supply chain issues, Rivian said it expects "to reach a modest gross profit" in the fourth quarter of this year.

Rivian missed Q3 revenue and earnings estimates, reporting a $0.99 per-share loss and $874M in revenue, both below expectations. The EV maker's gross loss per vehicle increased to $39,130 in Q3, ...

Rivian Q3 earnings financial preview. Investors got a scare after Rivian revealed plans to issue $1.5 billion in convertible debt last month.

Rivian's Q3 earnings will be a crucial moment for the company, as it faces challenges in the EV sector. Check out why RIVN stock is a Buy.

Rivian reports Q3 financial results Thursday after market close. The earnings report could shed light on production and delivery guidance and what the 2024 election results could mean for the company.

Analysts expect Rivian to report a loss per share of $0.95 compared to $1.19 in Q3 2023.Additionally, they project revenue to decline about 24% year-over-year to $1.01 billion, reflecting lower ...

Rivian's Q3 production fell nearly 19.3%, while deliveries were down 35.6% compared to the same period last year. The automaker produced 13,157 vehicles in Q3 and delivered 10,018 units.

Rivian (RIVN) shared its Q3 2022 earnings report and in it are details on how the company fell short of revenue expectations, but remains on track to meet its goal of 25,000 vehicles produced in 2022.

Rivian’s consumer R1T and R1S vehicles sell for more than $80,000, on average. But the cost of building far exceeds any revenue it brings. In the second quarter, for instance, the company lost ...

Rivian has also worked on the efficiency within its Normal, Illinois factory and developed its own drive unit called the Enduro to reduce costs and lessen its dependency on suppliers. Rivian reported ...