2 days ago
Coffee chain Dutch Bros (NYSE:BROS) met Wall Street's revenue expectations in Q3 2026, with revenue up 29.8% year on year to $549.8 million. On the other hand, the company's full-year revenue guidance of $2.1 billion at the midpoint came in 1.5% below ******* ysts' consensus estimates. Its GAAP profit of $0.20 per share was in line with ******* ysts' consensus estimates.
For more on Dutch Bros, read our full research report.
Revenue $549.8 million vs S&P ******* ysts' consensus estimates of $548.8 million (29.8% year-on-year growth, in line)
EPS (GAAP) $0.20 vs ******* ysts' consensus estimates of $0.21 (in line)
Adjusted EBITDA $101.1 million vs ******* ysts' consensus estimates of $97.47 million (18.4% margin, 3.7% beat)
#million
For more on Dutch Bros, read our full research report.
Revenue $549.8 million vs S&P ******* ysts' consensus estimates of $548.8 million (29.8% year-on-year growth, in line)
EPS (GAAP) $0.20 vs ******* ysts' consensus estimates of $0.21 (in line)
Adjusted EBITDA $101.1 million vs ******* ysts' consensus estimates of $97.47 million (18.4% margin, 3.7% beat)
#million
2 months ago
On September 17, Lucid Group, Inc. (NASDAQ:LCID) and Bolt, a leading European shared mobility platform, announced a strategic partnership to develop and deploy autonomous mobility services across Europe. This sent shares of Lucid Group, Inc. (NASDAQ:LCID) higher, and the stock ended the trading session with gains of nearly 6%.
The partnership will combine Lucid Group, Inc.'s (NASDAQ:LCID) software-defined vehicle platform with Bolt's European data, operating infrastructure, and mobility expertise. The companies will be looking to develop and launch autonomous mobility services at scale, using vehicles based on Lucid Group, Inc.'s (NASDAQ:LCID) upcoming Midsize platform.
Bolt plans to deploy at least 25,000 fully autonomous vehicles across multiple European cities and countries, supporting its ambitious goal of having 100,000 autonomous vehicles on its platform by 2035.
The financial details of the partnership were not disclosed.
The deal comes as Lucid Group, Inc. (NASDAQ:LCID) continues to face significant financial pressure. The company has been pursuing an ambitious expansion strategy. However, its revenue growth has not yet been enough to offset substantial operating losses and the high costs ****** ociated with building its global factories.
#lcid #european #platform #partnership
The partnership will combine Lucid Group, Inc.'s (NASDAQ:LCID) software-defined vehicle platform with Bolt's European data, operating infrastructure, and mobility expertise. The companies will be looking to develop and launch autonomous mobility services at scale, using vehicles based on Lucid Group, Inc.'s (NASDAQ:LCID) upcoming Midsize platform.
Bolt plans to deploy at least 25,000 fully autonomous vehicles across multiple European cities and countries, supporting its ambitious goal of having 100,000 autonomous vehicles on its platform by 2035.
The financial details of the partnership were not disclosed.
The deal comes as Lucid Group, Inc. (NASDAQ:LCID) continues to face significant financial pressure. The company has been pursuing an ambitious expansion strategy. However, its revenue growth has not yet been enough to offset substantial operating losses and the high costs ****** ociated with building its global factories.
#lcid #european #platform #partnership
