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Rivian (RIVN) reported better-than-expected fourth quarter results Thursday afternoon, exceeding analyst estimates.
The electric automaker posted revenue of $1.73 billion, surpassing the consensus estimate of $1.39 billion. Additionally, the company reported an adjusted loss of $0.46 per share, significantly better than the expected loss of $0.65 per share.
However, Rivian's delivery outlook missed forecasts, as the EV manufacturer attributed its softer-than-expected guidance to policy uncertainty from the Trump administration.
Market Domination Overtime anchors Julie Hyman and Alexandra Canal break down the results.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Angel Smith