Lucid Q1 Loss Wider Than Expected But Narrower Year Over Year

Lucid Group (LCID) reported first-quarter 2025 loss of 24 cents per share, wider than the Zacks Consensus Estimate of a loss of 23 cents but narrower than the year-ago period’s loss of 30 cents. Revenues of $235.05 million fell short of the Zacks Consensus Estimate of$236.10 million but increased 36% on a year-over-year basis. Sales improved year over year on stronger vehicle deliveries.Key Q1 HighlightsLucid recorded a total production of 2,212 units. The company reported total Lucid Air customer deliveri ...