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    Rivian Posts Losses in Third Quarter Sales; Loss forecast for the full year widens, but a “modest gross profit” is still expected for the fourth quarter
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    Rivian Posts Losses in Third Quarter Sales; Loss forecast for the full year widens, but a “modest gross profit” is still expected for the fourth quarter

    Rivian (RIVN) reported third-quarter revenue that fell short of the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was weighed down by an issue with supplier parts. Although the company is now forecasting a larger-than-expected loss…

    Posted on Kathleen William
    Rivian Posts Losses in Third Quarter Sales; Loss forecast for the full year widens, but a “modest gross profit” is still expected for the fourth quarter
    Update Information

    Rivian Posts Losses in Third Quarter Sales; Loss forecast for the full year widens, but a “modest gross profit” is still expected for the fourth quarter

    Rivian (RIVN) reported third-quarter revenue that fell short of the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was weighed down by an issue with supplier parts. Although the company is now forecasting a larger-than-expected loss…

    Posted on Kathleen William

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