Fender bass schreef op 6 juni 2024 13:08:
Riemen vast en eventueel parachute uit.
NIO's Q1 revenue falls 7.2% to $1.4B
juni 06, 2024 12:14p.m. CEST
NIO Inc. reported on Thursday its earnings for the first quarter of 2024, with its total revenue down 7.2% year-on-year to $1.4 billion. Its net loss for the quarter rose 9.4% on a yearly basis to $718.1 million, with the loss from operations increasing by 5.5% to $747.1 million. The automaker said its vehicle sales fell by 9.1% from Q1 2023 to $1.2 billion and that it delivered 15,620 vehicles in April and 20,544 in May, a jump of 134.6% and 233.8% respectively compared to a year ago.
"We have forged strategic partnerships with seven automakers in China to promote the standardization and adoption of battery-swapping technologies, underscoring the long-term strategic value of our extensive power network," CFO Steven Wei Feng said. "Our focus remains on strengthening execution efficiency, optimizing cost management, and accelerating market share growth."
NIO's shares slumped 3.04% in premarket trade after the earnings release.
KEYWORDS:
EARNINGS | NIO
Baha Breaking News (BBN) / DJ