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Rivian (Rnvn) After a Friday Call, the strong fourth quarter expressed the results of the fourth quarter and for the quarter “total profit”, a smaller full 2024 Ebitization (interest, tax, depreciation or earnings). The company also sees a smaller loss in 2025 compared to a year ago.
Rivian, in the fourth quarter, first of all, “Improving variable costs, improving the delivered unit, delivered and fixed costs.”
“This quarter has earned a positive overall profit, and in Q4 2024, the car’s car value sold in 2024, $ 31,000,” Rivian General Director Rj Tarunc said. The start of our mass marketplace, R2. R2 material knowledge is about 95% and is expected to be about half of the improved R1 bill. “
In terms of leadership, Rivian sees the loss of $ 2025 to $ 1.7 billion by 1,7 billion dollars between 46,000 and 51,000 through 46,000 and 51,000.
Conference call, CFO Claire McDonough, the company is waiting for the company less due to the influence of fires in California, where many Rivian procurements are made due to seasonal and firefighting. McDonough said the company produces a total of 8,000 supply and 14,000 units in Q1.
Rivian shares were more than 3% after hours, and after trading was 3%, but some of the earnings closed.
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In the nearest time: PM est, on February 20 at 4:00
For a quarter, Rivian, Bloomberg consensus prices cost $ 1.73 billion per price of $ 1.73 billion, a year ago, 32% more than 32% of $ 1,31 billion. The company reported a loss of $ 0.46, $ 0.65 losses, $ 0.65 loss with a loss of $ 277 million, a loss of $ 399.8 million due to a $ 0.46 point.
For 2024, Rivian sent $ 2.68 billion, $ 2.68 billion, a loss of $ 2.87 billion in the last quarter and an improvement in accordance with $ 3.78 billion a year.
In early January, this was producing 49,476 vehicles and delivered 51,579 in 2024.
Rivian, the cash and cash equivalents below $ 7.85 billion in a year, he said, $ 5.29 billion.
The fourth quarter was an interesting for Rivian. Company Announced the expansion of partnership with Volkswagen (Vwagy) In November, with the German car manufacturer, the company pours more money.
