Hesai Group Q2 EPS $(0.04) Beats $(0.19) Estimate, Sales $60.70M Beat $58.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hesai Group (NASDAQ:HSAI) reported Q2 losses of $(0.04) per share, beating the analyst consensus estimate of $(0.19) by 78.95%. The company also reported quarterly sales of $60.70 million, surpassing the analyst consensus estimate of $58.36 million by 4.01%.
August 14, 2023 | 10:03 pm
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Hesai Group's Q2 results exceeded analyst expectations, which could lead to a positive market reaction.
Hesai Group reported better-than-expected Q2 results, both in terms of EPS and sales. This positive surprise could lead to an increase in the company's stock price as it indicates better financial performance than anticipated.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100