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REE Automotive Q1 2024 Earnings Report

REE Automotive logo
$10.28 +0.79 (+8.32%)
(As of 11:37 AM ET)

REE Automotive EPS Results

Actual EPS
-$1.96
Consensus EPS
-$1.81
Beat/Miss
Missed by -$0.15
One Year Ago EPS
N/A

REE Automotive Revenue Results

Actual Revenue
$0.16 million
Expected Revenue
$0.40 million
Beat/Miss
Missed by -$240.00 thousand
YoY Revenue Growth
N/A

REE Automotive Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

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REE Automotive Earnings Headlines

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About REE Automotive

REE Automotive (NASDAQ:REE) operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. The company offers REEcorner, a compact module that integrates critical vehicle drive components comprising as steering, braking, suspension, powertrain, and control between the chassis and the wheel; and REEplatform that allows for the addition of a modular and customizable top hat/cabin design based on customer specifications, without requiring modification to the platform. It also provides P7-S Strip Chassis for commercial delivery vehicles and walk-in vans; P7-C Chassis Cab and Cutway Chassis, a class 4 chassis cab fully electric commercial truck for delivery and a range of vocational applications; and P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with its all-wheel drive and all-wheel steer for vehicle control for better handling and safety in adverse conditions. It serves original equipment manufacturer, delivery and logistic fleets, dealers, e-commerce retailers, new mobility players, mobility-as-a-service providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.

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