Hesai Group Expects Q3 Net Revenues To Be $61.9M - $68.8M, Representing Increase Of 1.0% To 12.2% Y/Y
Portfolio Pulse from Benzinga Newsdesk
Hesai Group anticipates Q3 net revenues between $61.9 million and $68.8 million, marking a year-over-year increase of 1.0% to 12.2%.

August 19, 2024 | 9:10 pm
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Hesai Group forecasts Q3 net revenues to range from $61.9 million to $68.8 million, indicating a year-over-year growth of 1.0% to 12.2%.
The projected revenue growth for Hesai Group suggests a positive outlook for the company's financial performance in Q3. This could lead to a favorable short-term impact on the stock price as investors may view the growth as a sign of the company's improving business prospects.
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