Rivian posts $170 million 'gross profit' in Q4, sees losses decreasing as variable costs improve
Rivian reported strong fourth quarter results after the bell on Thursday and came through on its goal of posting a "gross profit" for the quarter, with a smaller than expected full-year 2024 EBITDA loss to boot.
We anticipate gross profit growth will accelerate throughout the year, with clear visibility into the key drivers. In Square, expanded ...
Carvana Co. fell after the used-car retailer reported lower gross profit per vehicle and shrinking wholesale volumes for the latest quarter, undercutting a turnaround narrative that had buoyed the ...
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