Lucid Announces Second Quarter 2022 Financial Results, Reports Strong Demand While Lowering Production Guidance for the Year

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Go back to Lucid Announces Second Quarter 2022 Financial Results, Reports Strong Demand While Lowering Production Guidance for the Year

Lucid Group (LCID) Tops Q2 EPS by 6c, Revenue Misses, Revices Production Outlook

August 3, 2022 4:14 PM EDT

Lucid Group (NASDAQ: LCID) reported Q2 EPS of ($0.33), $0.06 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $97.3 million versus the consensus estimate of $145.49 million.

The Company reported strong customer demand for Lucid Air with reservations over 37,000 as of today, representing... More