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Lucid Group: Q1 Earnings Snapshot

NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Lucid Group, Inc. (LCID) on Tuesday reported a loss of $1.03 billion in its first quarter.

On a per-share basis, the Newark, California-based company said it had a loss of $3.46.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.72 per share.

The an electric vehicle automaker posted revenue of $282.5 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LCID at https://www.zacks.com/ap/LCID

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