$Rivian Automotive(RIVN.US) (not owned) +15% post-mkt after reporting lower than exp 4Q loss, and guiding to higher than exp FY’26 delivs. RIVN’s lower-priced R2 midsized SUV will start shipping in 2Q, as planned.
4Q results:- Revs $1.29B vs $1.26B est- Adj EBiTDA -$465M vs -$568M- Adj loss -$.54 vs -$.69 expFY’26 guidance:- Delivs 62K-67K vs 63.4K exp - Adj EBITDA -$1.8B to -$2.1B vs -$1.8B estR2 lower-priced midsize EV still set to go on sale in 2Q.The copyright of this article belongs to the original author/organization.
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