Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise
Summary
Rivian surpassed market expectations in its third-quarter financial results, driven by higher software revenue and increased vehicle deliveries. Additionally, the company updated its future outlook for 2026 to reflect anticipated gains in deliveries, earnings, and capital spending.
Rivian also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures.
Source: Read the full story at US Top News and Analysis
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