IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Rivian Automotive, Inc. (RIVN) on Thursday reported a loss of $913 million in its third quarter.

On a per-share basis, the Irvine, California-based company said it had a loss of 63 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 48 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 65 cents per share.

The a manufacturer of motor vehicles and passenger cars posted revenue of $2.15 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $2.02 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RIVN at https://www.zacks.com/ap/RIVN