EHang Holdings Swings to Q3 Adjusted Earnings, Revenue Rises

MT Newswires Live
18 Nov 2024

EHang Holdings (EH) reported Q3 adjusted earnings Monday of 0.22 renminbi ($0.032) per diluted American depositary share, swinging from an adjusted loss of 0.50 renminbi.

A single analyst polled by Capital IQ expected a loss of 0.89 renminbi.

Revenue for the quarter ended Sept. 30 was 128.1 million renminbi, up from 28.6 million renminbi a year earlier.

Two analysts surveyed by Capital IQ expected 113 million renminbi.

The company said it expects Q4 revenue of 135 million renminbi. Analysts polled by Capital IQ expect 181.7 million renminbi.

For 2024, the company expects revenue of 427 million renminbi. Analysts polled by Capital IQ expect 431.5 million renminbi.

Price: 17.19, Change: +0.14, Percent Change: +0.82

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