04:53 PM EDT, 05/07/2024 (MT Newswires) -- Rivian Automotive ( RIVN ) reported a Q1 loss Tuesday of $1.48 per diluted share, compared with a loss of $1.45 a year earlier.

Analysts polled by Capital IQ expected a loss of $1.27.

Revenue for the quarter that ended March 31 was $1.20 billion, up from $661 million a year earlier.

Analysts surveyed by Capital IQ expected $1.17 billion.

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