Lucid Q3 Earnings: Revenue Beat, EPS Beat, On Track To Produce 9K Vehicles In 2024

Lucid Group Inc (NASDAQ:LCID) reported third-quarter financial results after the market close on Thursday. Here’s a look at the key metrics from the electric vehicle company’s quarter.

Q3 Earnings: Lucid reported third-quarter revenue of $200.04 million, beating the consensus estimate of $197.97 million, according to Benzinga Pro. The EV company reported an adjusted quarterly loss of 28 cents per share, beating analyst estimates for a loss of 30 cents per share.

Lucid said it produced 1,805 vehicles in the third quarter and delivered 2,781. The company ...