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Rivian Stock Falls on Weaker-Than-Expected Earnings

Barron's ·  May 8, 2024 00:27  · Earnings

Unity Software(U.US) reported fourth-quarter financial results after the market close on Monday. Here's a rundown of the report.Q4 Earnings: Unity said fourth-quarter revenue increased 35% year-over-year to $609 million, beating the consensus estimate of $562.71 million. The company reported a quarterly loss of 66 cents per share.

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    The actual Q1 results were mixed, and Rivian’s quarter wasn’t bad. But given this is from Barron, not surprising.

    May 8, 2024 13:36

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