Earnings Call Summary | REE Automotive(REE.US) Q1 2024 Earnings Conference
Earnings Call Summary | REE Automotive(REE.US) Q1 2024 Earnings Conference
The following is a summary of the REE Automotive Ltd. (REE) Q1 2024 Earnings Call Transcript:
以下是REE Automotive Ltd. (REE) 2024年第一季度業績會議要點總結：
Financial Performance:
金融業績：
REE Automotive reported a GAAP net loss of $25.2 million, which is a 29% decrease quarter-over-quarter and a 12% year-over-year decrease.
Non-GAAP net loss for Q1 2024 was $21.7 million, down 33% from the previous quarter and a 10% decrease year-over-year.
The company ended Q1 2024 with liquidity of $77.5 million comprised of cash, cash equivalents, and short-term investments.
They have a revenue backlog, or order book value, of approximately $50 million.
REE Automotive報告的GAAP淨虧損爲2520萬美元，環比下降29%，同比下降12%。
2024年第一季度的非GAAP淨虧損爲2170萬美元，較上一季度下降33%，同比下降10%。
截至2024年第一季度末，公司現金、現金等價物和短期投資總計爲7750萬美元。
他們的營收訂單，或者說是60檔擺盤價值，約爲5000萬美元。
Business Progress:
業務進展：
REE has commenced deliveries of the world's first full by-wire, software-driven, certified medium duty demo trucks to customers in North America including U-Haul and Penske.
The P7-C has become the first full-body wire truck to achieve U.S. FMVSS certification and is now eligible for customer incentives of up to $100,000 per truck.
Penske Truck Leasing has started to offer REE trucks to its vast customer base.
Airbus selected the powered by REE vehicle to develop and validate fully autonomous driving.
REE已經開始向北美的客戶，包括U-Haul和Penske，交付全球第一輛全驅線、軟件驅動、認證中型卡車的演示車。
P7-C已成爲第一輛獲得美國FMVSS認證的全車線驅動卡車，並且現在有資格獲得每輛卡車高達10萬美元的客戶激勵。
Penske Truck Leasing已經開始向其龐大的客戶群提供REE卡車。
空客選擇由REE提供動力的車輛來開發和驗證全自動駕駛技術。
Opportunities:
機會：
REE is expanding its market by partnering with large fleet operators and manufacturers across the transportation ecosystem to incorporate REEcorner by-wire technology into their electric offerings.
The company's technology allows flexibility in how fleets and automotive manufacturers can electrify their trucks, offering significant opportunities for growth in various vehicle categories.
REE正在通過與運輸生態系統中的大型車隊運營商和製造商合作，將REEcorner線驅技術整合到他們的電動車型中，從而擴大市場範圍。
該公司的技術允許車隊和汽車製造商靈活地將電動卡車推向不同的車型，爲各種車型領域的增長帶來重大機遇。
Risks:
風險：
Incremental costs associated with achieving scalability and meeting delivery demand as per the growing order book, also handling operational execution without exceeding budget constraints.
Integration with new automotive manufacturers which might require mechanical adaptations adding to their operational scope.
與擴大訂單書和滿足交付需求相關的額外成本，同時處理運營執行而不超出預算限制。
與新的汽車製造商集成可能需要機械適應性，從而增加其操作範圍。
More details: REE Automotive IR
更多詳情：REE Automotive投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。