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Rivian Posts 1st Gross Profit

Rivian Posts First Gross Profit as EV Policy Risks Loom

Rivian Automotive Inc. recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that policy shifts in Washington will weigh on its electric-vehicle sales this year.

cbtnews · 1h

Rivian posts $170M profit in Q4 but forecasts lower sales for 2025

The electric vehicle (EV) maker, Rivian, reported robust fourth-quarter results, surpassing Wall Street earnings expectations.

YAHOO!Finance · 5h

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

Rivian reported strong fourth quarter results after the bell on Thursday and came through on its goal of posting a "gross profit" for the quarter, with a smaller than expected full-year 2024 EBITDA loss to boot.

Rivian Stock Falls

MarketWatch on MSN · 5h

Rivian keeps promise on making a profit, but here’s why the stock is falling

Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.

Wall Street Journal · 6h

Rivian Stock Falls After EV Maker Warns of Slower Sales This Year

Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was driven by sales of regulatory credits to other automakers, rather than electric-vehicle sales.

Investopedia on MSN · 3h

Rivian Automotive Stock Falls as EV Maker's Delivery Estimates Come Up Short

Key Takeaways Rivian Automotive predicted 2025 deliveries below analysts' estimates.Like electric truckmaker Nikola, which filed for bankruptcy this week, Rivian warned about a challenging environment for EV manufacturers.

The Pantagraph1h

Rivian reports first quarterly profit, despite producing fewer vehicles

Rivian Automotive reported a gross profit for the first time in the fourth quarter of 2024, a milestone for the company even ...

Why Rivian Automotive Stock Is Sinking Today

Shares of Rivian Automotive ( RIVN -4.59%) are falling on Friday. The company's stock had lost 3.8% at 12:30 p.m. ET but fell as much as 7.8% earlier in the day. The gain came as the S&P 500 lost 0.7% ...

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Rivian beats Wall Street's fourth-quarter expectations, but expects lower deliveries in 2025

Rivian beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit but is ...

2hon MSN

Rivian finally shows it can actually sell cars for more than the price it costs to build them

The EV manufacturer earned a $110 million gross profit at its core automotive business in the fourth quarter, a milestone ...

18hon MSN

Rivian hits a milestone, but its stock reaction is muted

Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street ...

22hon MSN

Rivian inches closer to profitability but warns ‘changes to government policies’ could hurt

Rivian’s cost–cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still ...

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Rivian Earnings Are Due. Can The EV Startup Foil Elon Musk's Prophecy?

However, a year later and Rivian is still alive and investors await the EV startup's fourth-quarter earnings report late ...

Zacks.com on MSN3d

Rivian Pre-Q4 Earnings Analysis: Is the Stock Worth Buying Now?

Rivian Automotive RIVN is slated to release fourth-quarter 2024 results on Thursday, after market close. The Zacks Consensus ...

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