$RIVN Q2 Earnings Highlights
๐ Results
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EPS: -$0.63 vs. -$0.97 YoY (beat expectations)
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Revenue: $1.66B vs. $1.52B est.
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Deliveries: 12,194 vs. 11,471 est.
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Production: 12,613 vehicles vs. 12,145 est.
๐ต Cash & Equivalents: $3.59B (roughly in line with expectations)
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FY Outlook
๐ Vehicle deliveries maintained at 65,000โ70,000
๐ Adjusted EBITDA loss guided to $1.8Bโ$2.0B, better than the consensus estimate.
Overall, Rivian delivered a stronger-than-expected quarter with beats on EPS, revenue, production, and deliveries while maintaining full-year guidance.
๐ Bullish or bearish on $RIVN after these results?