Rivian beats Wall Street's Q3 expectation, maintains guidance

1. Rivian beat third-quarter expectations with $1.56 billion in revenue. 2. Gross profit was $24 million, surpassing forecasts of a $38.6 million loss. 3. Joint venture with Volkswagen positively influenced financial performance. 4. Automotive operations recorded a $130 million loss, an improvement year-over-year. 5. 2025 guidance for earnings loss and capital expenditures remains unchanged.