Game > Mobile Games

East Side Games Group Reports Second Quarter 2022 Financial Results

1 month ago   |   By Game Rant

Q2 turnover of $29.7Man increase of 32% compared to the same period last year Announced offer from normal course publisher for up to 4.1 million shares VANCOUVER, BC, Aug 11, 2022 /CNW/ - East Side Games Group , today announced its second quarter financial results June 30, 2022. All amounts are stated in Canadian dollars on an IFRS basis unless otherwise indicated. “Q2 was a solid quarter with 32% growth over the prior year. Total revenue for 2022 so far has been: $65.3 million, an increase of 43% year-on-year. Excluding one-time sales items in the first quarter, the second quarter was...
Read more ...

 

Rivian Lost $1.7 Billion in the Second Quarter

Rivian Lost $1.7 Billion in the Second Quarter

1 month ago   |   By NY Times

The maker of electric pickup trucks, vans and sport-utility vehicles increased its production forecast for the year, but only slightly.
Read more ...

 

Rivian delivers on Q2 revenue, expects loss to widen another $700M

1 month ago   |   By TechCrunch

Rivian is holding on tight to its goal of delivering 25,000 electric vehicle by year's end, but to get there it now anticipates to burn an extra $700 million.
The automaker tucked the revised guidance on losses within its second quarter earnings report, telling investors that it expects to lose a whopping $5.45 billion in 2022, up from the $4.75 billion estimate it shared three months earlier. Rivian blamed the hike on several factors, including “supply chain challenges” and “raw material inflation.”
Still, Rivian cruised past analysts' expectations on revenue, bringing in $364 million in...
Read more ...

 

Rivian reports more losses in the second quarter of 2022

Rivian reports more losses in the second quarter of 2022

1 month ago   |   By The Verge

Photo by Nilay Patel / The Verge
Rivian, the buzzy electric vehicle company backed by Ford and Amazon, reported a net loss of $1.71 billion in the second quarter of 2022 based on $364 million in revenue. It's a sign that Rivian's business is picking up speed, albeit slowly compared to the previous quarter in which Rivian reported a net loss of $1.59 billion based on $95 million in revenue.
The earnings report was a disappointing sign from the EV maker that was founded on a promise to upend the auto industry with beautifully designed, emissions-free, adventure-themed trucks and SUVs but has...
Read more ...

 


Search by Tags

   Mobile Games      Automobiles      Rivian Automotive LLC      Electric and Hybrid Vehicles      Company Reports      Sports Utility Vehicles and Light Trucks      Vans      Amazon.com Inc      Stocks and Bonds      Production      Factories and Manufacturing      Yahoo      Automotive      Earnings      Finance      Startups      Transportation      EV      Rivian      Transportation  


5 of the biggest leaks in gaming history

5 of the biggest leaks in gaming history

In September 2022, one of the biggest leaks in gaming history appeared. Rockstar Games was hacked and the hacker discovered and released multiple videos and images showing an... Read more ...

Great stuff cut from the Legend of Zelda series

Great stuff cut from the Legend of Zelda series

The Legend of Zelda is a series that graces the Mount Rushmore of video games. Link's face is up there with the likes of Super Mario, Solid Snake and Master Chief. Aside from... Read more ...

The best analog horror games

The best analog horror games

So much horror is the terror you inflict upon yourself. No visual fidelity or storytelling can truly surpass the fear that exists in the gaps of your understanding. One of the... Read more ...

The 10 Best Football Video Games Ever, According to Reddit

The 10 Best Football Video Games Ever, According to Reddit

Madden 23 is one of the many video games released recently, and is sure to be popular among football fans and the gaming community after the death of the iconic John... Read more ...

Xbox Game Pass and Games With Gold Full List October 2022: 'Windbound'...

Xbox Game Pass and Games With Gold Full List October 2022: 'Windbound', 'Persona 5 Royal', and More

The Xbox Game Pass and Games With Gold will be adding new titles this October 2022. Learn more about the new games. Read more ...

FIFA 23 Video Review

FIFA 23 Video Review

FIFA 23 makes incremental improvements to last year's game, but the looming presence of Ultimate Team's microtransactions cast a shadow over everything. Read more ...

Minecraft Live 2022: how to watch, date and start time, and what to expect

Minecraft Live 2022: how to watch, date and start time, and what to expect

The Minecraft universe is constantly expanding, stretching inexorably to the extremes of possibilities in the video game industry. It is an unstoppable force of impossible... Read more ...

Mount Doom's eruption has finally brought Mordor to Middle Earth

Mount Doom's eruption has finally brought Mordor to Middle Earth

By the Rings of Power series so far, there are several glimpses of maps that have shown the Southlands in the lands next to what will later become Gondor and Rohan. But from... Read more ...

10 best video games that can be beat in under an hour

10 best video games that can be beat in under an hour

With contemporary games like Cyberpunk 2077 and Assassin's Creed Valhalla taking 107 and 139 hours to beat respectively, players who prefer shorter turnaround times will likely... Read more ...

Cyberpunk 2077 Players Want Stadia Cloud Saves | GameSpot News

Cyberpunk 2077 Players Want Stadia Cloud Saves | GameSpot News

Cyberpunk 2077 fans are asking for cloud saves on Stadia and other developers are reacting to the news of the service coming to an end. Read more ...