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$NIO Inc (NIO.US)$ The report shows a second-quarter loss of $52 million, or a loss of 3 cents per share, calculated on a non-generally accepted accounting principles basis. In comparison, the loss per share in the same period last year was 18 cents, with a generally expected loss of 11 cents per share.
Revenue was $1.3084 billion, a 127.2% increase from $0.55047 billion in the same period last year, exceeding the market's generally expected $1.298 billion. The company had previously expected second-quarter revenue to be $1.243 billion to $1.298 billion.
Auto sales totaled $1.2254 billion, accounting for 93.7% of total revenue. In the first quarter, this high-end electric auto manufacturer reported revenue of $1.22 billion, with a loss of 4 cents per share.
The auto profit margin in 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 $1.3084 billion, a 127.2% increase from $0.55047 billion in the same period last year, exceeding the market's generally expected $1.298 billion. The company had previously expected second-quarter revenue to be $1.243 billion to $1.298 billion.
Auto sales totaled $1.2254 billion, accounting for 93.7% of total revenue. In the first quarter, this high-end electric auto manufacturer reported revenue of $1.22 billion, with a loss of 4 cents per share.
The auto profit margin in 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 $7.3 billion at the end of the first quarter.
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$Futu Holdings Ltd (FUTU.US)$ Futu is not very stable, may increase and decline very rapidly.
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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:...
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