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Lucid reports 4Q delivery numbers exceeding annual guidance

By Michael Elkins Shares of Lucid Group (NASDAQ:LCID) are up 6.31% in pre-market trading on Thursday after the company announced production and delivery totals for the quarter...
Lucid reports 4Q delivery numbers exceeding annual guidance © Reuters. Lucid (LCID) reports 4Q delivery numbers exceeding annual guidance
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By Michael Elkins

Shares of Lucid Group (NASDAQ:LCID) are up 6.31% in pre-market trading on Thursday after the company announced production and delivery totals for the quarter ended December 31, 2022.

The company produced 3,493 vehicles during Q4 at its manufacturing facility in Arizona, up 53% Sequentially. On a full-year basis, the company produced 7,180 vehicles, exceeding provided guidance range of 6,000-7,000 vehicles. The company delivered 1,932 vehicles in the 4Q and 4,369 vehicles throughout the year.

Lucid is scheduled to release its 4Q 2022 financial results after market closes on Wednesday, February 22, and will hold a conference call at 5:30 pm ET (10:30 pm GMT) on that day. In an effort to enhance engagement with the company's shareholder base and facilitate connections with its investors, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call. Starting on February 8, 2023, at 5:30 pm ET, all shareholders can submit questions.

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01-05-2024 10:45:17 (UTC+7)

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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