On August 4, Lucid (LCDX.US) fell 8.8% to US $18.75, with a total market capitalization of US $31.3 billion. Lucid's third-and second-quarter results showed revenue of $97.34 million, well below analysts' consensus expectations of 147.5 million; deliveries were 679 vehicles. Excluding items such as interest and taxes, Lucid's adjusted EBITDA loss was $414.1 million in the second quarter, while analysts on average expected a loss of $410.7 million. However, Lucid revised its production forecast for 2022 to 6000 to 7000 vehicles, with a production guidance range of 12000 to 14000 vehicles earlier this year. The company said the guidelines were cut because supply chains and logistics faced "extraordinary" challenges. It is understood that this is the second time this year that the startup has cut its production target, starting from its initial target of 20000 cars.
美股异动 | Lucid跌8% 二季度营收不及市场预期
Changes in US stocks | Lucid fell 8% revenue in the second quarter fell short of market expectations
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