Rivian Reports $170 Million in Gross Profit for Q4, Sees Declining Losses as Variable Costs Improve

Rivian posts $170 million 'gross profit' in Q4, sees losses decreasing as variable costs improve

Rivian’s Fourth Quarter Highlights: A Step Towards Profitability Rivian Automotive (RIVN) recently announced impressive fourth-quarter results that exceeded market expectations, marking a significant milestone in its journey toward profitability. The company achieved a gross profit … Read more

Rivian’s Q3 revenue falls short; full-year loss estimate increases, yet Q4 forecast includes ‘modest gross profit’

Rivian posts Q3 revenue miss; full-year loss projection widens, but 'modest gross profit' still expected in Q4

Rivian Facing Challenges: What Investors Need to Know Rivian (RIVN) hit a bump in the road with its latest third-quarter earnings report, revealing lower revenue and a wider-than-expected loss. The pure-play adventure electric vehicle maker … Read more