
Lucid Group Inc (NASDAQ:LCID) shares are moving higher in Thursday's after-hours session after the company reported better-than-expected financial results.
Lucid Group reported first-quarter revenue of $57.7 million, which beat the $53.43 million estimate, according to data from Benzinga Pro. The company reported a quarterly net loss of 5 cents per share, which beat the estimate for a loss of 30 cents per share.