Lucid Q2 revenue $150.9M; deliveries 1,404; on track for >10,000 vehicles in 2023

Lucid Group, Inc.

2023-Q2 EPS reported -$0.82 revenue$300,306,000

Q2 revenue $150.9M on 1,404 vehicle deliveries; no prior-period comparison provided.
Total liquidity $6.25B as of June 30, 2023, expected to fund into 2025.
Aston Martin partnership: Lucid to supply powertrain/battery tech; contracts worth >$450M.
Production guidance reaffirmed: >10,000 vehicles in 2023; Air Sapphire and Pure RWD production starts mid-Sept.
Lucid Gravity SUV unveiling in November; start of production on track for late 2024.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Lucid Group, Inc. reported second quarter ended June 30, 2023 results: revenue $150.9 million. Guidance reaffirmed.

Period: second quarter ended June 30, 2023
Revenue: $150.9 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

filing. --- EX-99.1 (EX-99.1) --- Lucid Announces Second Quarter 2023 Financial Results, On Track for Annual Production Guidance of More Than 10,000 Vehicles • Q2 revenue of $150.9 million driven by customer deliveries of 1,404 vehicles in the quarter • Bolstered balance sheet to $6.25 billion in total liquidity as of June 30, 2023 • Aston Martin selected Lucid to

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Lucid Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-027783

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