REE - REE Automotive Non-GAAP EPS of -$0.07 beats by $0.04; reaffirms FY22 guidance
- REE Automotive press release ( NASDAQ: REE ): Q2 Non-GAAP EPS of -$0.07 beats by $0.04 .
- As of June 30, 2022, the company had $206.8M of liquidity, comprised of cash and short term investments, and no debt.
- The company reiterates its 2022 full-year year guidance for non-GAAP operating expenses of between $100 and $120 million and expenses and investments related to the establishment of the Company’s initial production capacity of approximately $30 million.
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REE Automotive Non-GAAP EPS of -$0.07 beats by $0.04; reaffirms FY22 guidance