Categories AlphaGraphs, Earnings, Industrials
Earnings: Niu net loss narrows in Q4 2024; revenue climbs
Electric scooter maker Niu Technologies (NASDAQ: NIU) on Monday reported a narrower net loss for the fourth quarter of 2024. Revenues increased sharply during the three months.
The company reported a net loss of RMB72.5 million or RMB0.91 per ADS in the fourth quarter, compared to a loss of RMB130.17 million or RMB1.65 per ADS in Q4 2023.
Total sales increased 71% year-over-year to RMB819.2 million in the fourth quarter. E-scooter sales volumes in China and international markets grew by 65% and 63%, respectively. For the first quarter of 2025, the management expects revenues to be in the range of RMB631 million to RMB707 million.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
PNC Financial reports higher Q1 2025 revenue and profit
The PNC Financial Services Group, Inc. (NYSE: PNC) reported higher revenues for the first quarter of 2025 when the financial services company's earnings increased by double digits. Net income attributable
Earnings: Citigroup (C) Q1 profit rises on higher revenues, beats estimates
Citigroup Inc. (NYSE: C) Tuesday reported stronger-than-expected revenue and earnings for the first quarter of 2025. Both revenues and net income increased year-over-year. In the March quarter, net profit was
Bank of America (BAC) Q1 2025 Earnings: Key financials and quarterly highlights
Bank of America (NYSE: BAC) reported its first quarter 2025 earnings results today. Revenue, net of interest expense, was $27.4 billion, up 6% year-over-year, driven by non-interest income growth across
