NIO Q1 Adj EPADS $(0.36) Down From $(0.13) YoY, Sales $1.55B Down From $1.56B YoY
Portfolio Pulse from Benzinga Newsdesk
NIO reported Q1 adjusted EPADS of $(0.36), a 176.92% decrease from $(0.13) YoY, with sales of $1.55B, down 0.54% from $1.56B YoY.
June 09, 2023 | 10:03 am
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NEGATIVE IMPACT
NIO's Q1 adjusted EPADS decreased by 176.92% YoY to $(0.36) and sales dropped 0.54% to $1.55B.
NIO's Q1 results show a significant decrease in adjusted EPADS and a slight drop in sales compared to the same period last year. This may negatively impact the stock price in the short term as investors react to the weaker financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100