- 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.