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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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23-03-2023 21:37:14 (UTC+7)

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    EUR/USD 1.0885 Buy  
    GBP/USD 1.2302 ↑ Sell  
    USD/JPY 131.21 Buy  
    AUD/USD 0.6712 Buy  
    USD/CAD 1.3641 ↑ Sell  
    EUR/JPY 142.82 Neutral  
    EUR/CHF 0.9963 ↑ Sell  
    Gold 1,985.60 ↑ Buy  
    Silver 23.240 ↑ Buy  
    Copper 4.0957 ↑ Buy  
    Crude Oil WTI 71.05 Neutral  
    Brent Oil 76.82 Buy  
    Natural Gas 2.187 ↑ Sell  
    US Coffee C 174.70 ↑ Sell  
    Euro Stoxx 50 4,196.75 ↑ Sell  
    S&P 500 3,978.63 Neutral  
    DAX 15,190.55 ↑ Sell  
    FTSE 100 7,505.04 ↑ Sell  
    Hang Seng 20,049.64 ↑ Buy  
    Small Cap 2000 1,760.90 Neutral  
    IBEX 35 8,989.31 ↑ Sell  
    BASF 46.445 ↑ Sell  
    Bayer 55.95 ↑ Sell  
    Allianz 207.23 Neutral  
    Adidas 141.78 ↑ Sell  
    Lufthansa 9.882 ↑ Sell  
    Siemens AG 143.95 Sell  
    Deutsche Bank AG 9.440 ↑ Sell  
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