UPDATE: Rivian Automotive (RIVN) Misses Q4 EPS by 79c; Guides 2022 Production of 25,000 Vehicles

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Go back to UPDATE: Rivian Automotive (RIVN) Misses Q4 EPS by 79c; Guides 2022 Production of 25,000 Vehicles

Rivian Automotive (RIVN) Shares Down 12% on Disappointing Production Guidance Due to Supply Chain Issues

March 10, 2022 5:55 PM EST

Rivian Automotive (NASDAQ: RIVN) shares dropped more than 12% after-hours following the companys reported Q4 results, with both EPS of ($2.43) and revenue of $54 million coming in worse than the consensus estimates of ($1.64) and $61.18 million, respectively.

The company delivered 920 vehicles during the full... More