Bing300598
reacted to
$NIO Inc(NIO.US$ A second-quarter loss of $52 million, or a loss of 3 cents per share, was reported on a non-GAAP basis. In comparison, a loss of 18 cents per share was lost in the same period last year, and a loss of 11 cents per share is generally expected.
Revenue was $1,308.4 million, up 127.2% from $550.47 million in the same period last year, and surpassed the market's general forecast of $1,298 million. The company previously anticipated second-quarter revenue of $1,243 million to $1,298 million.
Vehicle sales were $1,225.4 billion, or 93.7% of total revenue.
In the first quarter, the premium electric car maker reported revenue of $12.2 billion and a loss of 4 cents per share.
The automotive margin for the second quarter was 20.3%, compared to 21.2% in the first quarter. A year ago, the auto profit margin was 9.7%.
NIO's cash balance at the end of the second quarter was $7.5 billion, compared to $7.3 billion at the end of the first quarter.
Revenue was $1,308.4 million, up 127.2% from $550.47 million in the same period last year, and surpassed the market's general forecast of $1,298 million. The company previously anticipated second-quarter revenue of $1,243 million to $1,298 million.
Vehicle sales were $1,225.4 billion, or 93.7% of total revenue.
In the first quarter, the premium electric car maker reported revenue of $12.2 billion and a loss of 4 cents per share.
The automotive margin for the second quarter was 20.3%, compared to 21.2% in the first quarter. A year ago, the auto profit margin was 9.7%.
NIO's cash balance at the end of the second quarter was $7.5 billion, compared to $7.3 billion at the end of the first quarter.
Translated
3
$Futu Holdings Ltd(FUTU.US$ Futu is not very stable, may increase and decline very rapidly.
2
4
Bing300598
liked
Hi mooer,
Huat lah! Welcome to moomoo community!
Here in moomoo, traders from all over the world share personal investing experiences and concepts with new and old friends.
You can see in-depth investment reviews, daily profit & loss, trading disciplines, the processes for building a personal trading system and more!
Many interesting things are happening now, let me show you around!
Wanna see how everyone else is doing?
People are sharing their Daily Profit & Loss in moomoo community:...
Huat lah! Welcome to moomoo community!
Here in moomoo, traders from all over the world share personal investing experiences and concepts with new and old friends.
You can see in-depth investment reviews, daily profit & loss, trading disciplines, the processes for building a personal trading system and more!
Many interesting things are happening now, let me show you around!
Wanna see how everyone else is doing?
People are sharing their Daily Profit & Loss in moomoo community:...
![Welcome to moomoo community!](https://ussnsimg.moomoo.com/4000986053750892370.png/thumb)
![Welcome to moomoo community!](https://ussnsimg.moomoo.com/319531128515845753.png/thumb)
![Welcome to moomoo community!](https://ussnsimg.moomoo.com/775791899041286115.png/thumb)
+5
10K
198