Watch Rivian's full hour long Q2 2022 earnings conference call right here:
Rivian ($RIVN) Second Quarter 2022 Earnings Call - Aug 11 2022 Highlights
Rivian ($RIVN) Second Quarter 2022 Earnings Call - Aug 11 2022 Highlights
- 98K R1 net preorders in the U.S. and Canada as of June 30, 2022
- 100 K EDV initial order from Amazon
- 8K Vehicles produced since the start of production, as of June 30, 2022
- 430K Packages delivered via EDV
- $15B Of cash, cash equivalents, and 2022 production target reaffirmed restricted cash as of June 30, 2022
- 25K 2022 production target reaffirmed The company topped estimates with revenue of $364M during the quarter. The EPS loss of $1.62 was just a penny more than the consensus expectation, while adjusted EBITDA was -$5.45B vs -$4.75B consensus