Lucid Group, Inc. (LCID) Q4 2023 Earnings Call Transcript

Feb. 21, 2024 10:15 PM ETLucid Group, Inc. (LCID) StockLCID
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Q4: 2024-02-21 Earnings Summary

EPS of -$0.30 beats by $0.02
 | Revenue of $157.15M (-39.02% Y/Y) misses by $24.61M

Lucid Group, Inc. (NASDAQ:LCID) Q4 2023 Earnings Conference Call February 21, 2024 5:30 PM ET

Company Participants

Maynard Um - Head, IR
Peter Rawlinson - CEO, CTO & Director
Gagan Dhingra - Interim CFO, VP of Accounting & Internal Controls and Principal Accounting & Financial Officer

Conference Call Participants

John Murphy - Bank of America Merrill Lynch
Douglas Dutton - Evercore ISI
Steven Fox - Fox Advisors
Tobias Beith - Redburn

Operator

Hello, and thank you for standing by. Welcome to Lucid's Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions]. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Maynard Um, Senior Director of Investor Relations. You may begin.

Maynard Um

Thank you, and welcome to Lucid Group's Fourth Quarter 2023 Earnings Call. Joining me today are Peter Rawlinson, our CEO and CTO; and Gagan Dhingra, our Interim CFO and Principal Accounting Officer.

Before handing the call over to Peter, let me remind you that some of the statements on this call include forward-looking statements under federal securities laws. These include, without limitation, statements regarding the future financial performance of the company, production and delivery volumes, financial and operating outlook and guidance, macroeconomic and industry trends, company initiatives and other future events.

These statements are based on predictions and expectations as of today and actual events or results may differ due to a number of risks and uncertainties. We refer you to the cautionary language and the risk factors in our most recent filings with the SEC and the forward-looking statements on Page 2 of our investor deck available on the Investor Relations section of our website at ir.lucidmotors.com.

In addition, management will make reference to non-GAAP financial measures during this call. A discussion of why we use non-GAAP financial measures and

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