Lucid Q4 2023 revenue $157.2M, produced 2,391 vehicles; 2024 guidance ~9,000 units

Lucid Group, Inc.

2023-FY EPS reported -$1.36 revenue$595,271,000

Delivered 1,734 vehicles in Q4 and 6,001 in FY2023, up 37% YoY.
Full-year production of 8,428 vehicles met higher end of 8,000-8,500 guidance.
Total liquidity of ~$4.78B at year-end; Gravity SUV production on track for late 2024.
2024 production guidance of approximately 9,000 vehicles, up modestly from 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Lucid Group, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $157.2 million. Guidance initiated.

Period: the fourth quarter and full year ended December 31, 2023
Revenue: $157.2 million
Guidance: initiated
Result: reported results

Exact text from the filing

Lucid reported fourth quarter revenue of $157.2 million and annual revenue of $595.3 million

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Lucid Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-005904

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