REE
REE Automotive·NASDAQ
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Signals Analysis
Bullish signal 0
Bearish signal 1
Revenue Below Expectations
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About REE
Ree Automotive Ltd.
An Israeli-based company that manufactures traditional vehicle drive components for the industry's flattest EV platform
Kibbutz Glil-Yam , 4690500, Israel
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REE Automotive Ltd. was established in Israel on January 16, 2011. REE Automotive Limited has established wholly-owned subsidiaries in the United States, Germany and the United Kingdom. REE Automotive Ltd., together with its subsidiaries, developed the REE corner technology, which locates traditional vehicle drive components (steering, braking, suspension, electric motor) in the wheel arches, realizes the flattening, scalability and modularization of the next generation electric vehicle (EV) platform, provides design freedom for customers, and creates electric vehicles and autonomous vehicles for current and future applications. In addition, the company has developed wheel suspension technology for personal mobility.
Earnings Call
Company Financials
EPS
REE has released its 2024 Q4 earnings. EPS was reported at -0.8, versus the expected -0.79, missing expectations. The chart below visualizes how REE has performed over recent quarters, highlighting trends in earnings surprises.
Revenue & Expenses
REE has released its 2024 Q4 earnings report, with revenue of 12.00K, reflecting a YoY change of -97.36%, and net profit of -37.30M, showing a YoY change of -5.86%. The Sankey diagram below clearly presents REE's revenue sources and cost distribution.
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