Electric vehicle company Lucid Group, Inc. (NASDAQ:LCID) reported first-quarter financial results after market close Monday.
Here are the key highlights.
What Happened: Lucid reported first-quarter revenue of $172.7 million, which beat a Street consensus estimate of $157.0 million, according to data from Benzinga Pro.
The company reported a loss of 30 cents per share, which missed a Street consensus estimate of a loss of 25 cents per share.
The company previously reported first-quarter production of 1,728 vehicles, which was down from 2,314 vehicles produced in last year's first quarter. First-quarter deliveries of 1,967 ...
Full story available on Benzinga.com
https://Benzinga.com