05:49 AM EST, 11/08/2024 (MT Newswires) -- Lucid Group ( LCID ) reported late Thursday a Q3 adjusted loss of $0.28 per share, widening from a loss of $0.27 a year earlier.

Two analysts surveyed by Capital IQ expected a loss of $0.28.

Revenue in the quarter ended Sept. 30 rose to $200 million from $137.8 million a year earlier.

One analyst polled by Capital IQ expected $177 million.

Shares of the company rose 4.5% in recent Friday premarket trading.

Price: 2.3200, Change: +0.10, Percent Change: +4.50