Articles for tag: capex, Expected, Forecast, Gross, Interest, Profit, Reduced, Results, Rivians, Spark

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Rivian’s Q1 results spark interest as capex forecast reduced and ‘gross profit’ expected in Q4

Electric vehicle manufacturer Rivian has recently announced their first-quarter financial results, revealing a combination of positive and negative outcomes. Despite trimming their capital expenditure forecast, the company remains optimistic as they anticipate achieving a ‘gross profit’ in the fourth quarter. Stay tuned for more updates on Rivian’s performance in the coming months. Click to Claim ...

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