Lucid Group Q4 Loss Widens to $3.62, Revenue Climbs 123% to $523M
Lucid Group posted a Q4 adjusted loss of $3.62 per share, 45.7% worse than the consensus forecast and deeper than last year’s $2.20 loss. Revenue surged 123% to $522.7 million, topping estimates by 13.3%, though shares are down over 10% YTD.
1. Q4 Financial Results
Lucid Group reported an adjusted Q4 loss of $3.62 per share, missing consensus by 45.7% and widening from a $2.20 loss a year earlier.
2. Revenue Growth
Revenues rose 123% to $522.7 million from $234.5 million a year earlier, beating consensus by 13.3% as production and deliveries ramped.
3. Market Reaction and Outlook
Shares are down over 10% YTD, reflecting concern over persistent losses; analysts forecast a Q1 loss of $2.40 on $496.6 million revenue, keeping cash-burn pressures under scrutiny.
Related News
GOOGL
Alphabet Executes Record Yen Bond Sale as Google Secures 9.7 GWh AI Storage Contracts
GOOGL•
STI
Solidion Technology Posts $85K Q1 Revenue, 95% Retention Drone Battery Prototype
STI•
MKL
Markel Appoints Danny O’Donoghue, 15-Year Fine Art & Specie Underwriter, to Lead London Unit
MKL•
INTU
Intuit to Launch AI-Driven Platforms in August, Cuts 17% Workforce to Fund Growth
INTU•
AMZN
AWS Faces Challenge as Nvidia Forecasts $91B Q3 Sales, Musk Eyes 2028 Space Data Centers
AMZN•
Sources
F