Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Good afternoon, everyone, and welcome to AXT’s Fourth Quarter 2024 Financial Conference Call. Leading the call today is Dr. Morris Young, Chief Executive Officer,

Electric vehicle manufacturer Rivian (NASDAQ:RIVN) reported Q4 CY2024 results , with sales up 31.9% year on year to $1.73 billion. Its non-GAAP loss of $0.46 per share was 28.1% above analysts’ consensus estimates.

After a long stretch of getting its feet under it, Rivian is finally to the point where it's turning reasonable profits in its fiscal quarters.