NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Lucid Group, Inc. (LCID) on Thursday reported a loss of $992.5 million in its third quarter.
On a per-share basis, the Newark, California-based company said it had a loss of 41 cents.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.
The an electric vehicle automaker posted revenue of $200 million in the period.
