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Lucid Group Inc (NASDAQ:LCID) reported first-quarter financial results on Tuesday after the closing bell. Here’s a look at the key metrics from the quarter.
- Lucid Group stock is trending. What’s impacting LCID stock?
Key Details From Lucid’s Q1
Lucid reported first-quarter revenue of $282.47 million, which may not compare to analyst estimates of $440.43 million, according to Benzinga Pro. Total revenue was up 20% on a year-over-year basis.
The electric vehicle maker reported an adjusted loss of $2.82 per share for the quarter, missing estimates for a loss of $2.64 per share.
“First quarter results demonstrated the strength of our technology and product portfolio,” said Marc …
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