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REE Automotive Q1 Adj $(1.96) Misses $(1.60) Estimate, Sales $160.00K Miss $550.00K Estimate

Author: Benzinga Newsdesk | May 30, 2024 06:35am

REE Automotive (NASDAQ:REE) reported quarterly losses of $(1.96) per share which missed the analyst consensus estimate of $(1.60) by 22.5 percent. This is a 18.67 percent increase over losses of $(2.41) per share from the same period last year. The company reported quarterly sales of $160.00 thousand which missed the analyst consensus estimate of $550.00 thousand by 70.91 percent.

Posted In: REE