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Hesai Technology reported a net loss of 0.249 billion yuan in the first three quarters and expects to achieve profitability in Q4 and for the entire year.
① In the first three quarters, Hesai Technology's total lidar delivery volume was 0.2798 million units; ② Hesai Technology appointed Andrew Fan as the company's chief financial officer, effective from November 25, 2024; ③ It is expected that the lidar shipment volume in the fourth quarter will reach 0.2 million units, achieving quarterly revenue of 0.1 billion dollars and a profit of 20 million dollars, as well as achieving overall profitability for the year.
Hesai Group Non-GAAP EPS of -RMB$0.34, Revenue of RMB539.4M
Hesai Q3 Adj EPS $(0.05) Misses $(0.02) Estimate, Sales $76.87M Beat $69.82M Estimate
Earnings Scheduled For November 25, 2024
Insights Ahead: Hesai Gr's Quarterly Earnings