04:54 PM EDT, 08/05/2025 (MT Newswires) -- Lucid Group ( LCID ) reported Q2 adjusted loss late Tuesday of $0.24 per diluted share, narrowing from a loss of $0.29 a year earlier.

Revenue for the quarter ended June 30 was $259.4 million, up from $200.6 million a year earlier.

Analysts surveyed by FactSet expected $260.4 million.

The company said it now expects 2025 vehicle production of 18,000 to 20,000, compared with about 20,000 previously.

Shares were down about 7% during after-hours trading.