Rivian Automotive (RIVN) reported preliminary Q2 revenue late Monday of $1.55 billion to $1.65 billion.
Analysts polled by FactSet expect $1.46 billion.
Separately, the company said it launched a public offering of 75 million common shares and expects to grant the underwriters a 30-day overallotment option to buy up to an additional 11.3 million shares.
Net proceeds will be used for general corporate purposes, the company added.
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