NIO Inc. (NYSE: NIO) reported its third quarter 2024 earnings results today.
Total revenues were $2.66 billion, down 2.1% from the same period a year ago.
Net loss attributable to NIO’s ordinary shareholders was $732.7 million.
Net loss per ADS was $0.36. Adjusted net loss per ADS was $0.31.
For the fourth quarter of 2024, the company expects total revenues to be between $2.80-2.90 billion, representing an increase of approx. 15.0-19.2% from the year-ago period.