Streetbeat News

Earnings

NIO

Nio expects Q2 2024 revenue between $2.297B and $2.373B and vehicle deliveries between 54,000 and 56,000 units, marking significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:17 am

NIO

NIO shares are trading lower following worse-than-expected Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:17 am

NIO

Nio reported Q1 2024 vehicle deliveries of 30,053, a 3.2% decrease YoY and a 39.9% decrease QoQ. The deliveries included 17,809 premium smart electric SUVs and 12,244 premium smart electric sedans.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:15 am

NIO

NIO reported its Q1 financial results, missing both earnings and sales estimates. The company posted an adjusted EPADS of $(0.33), missing the $(0.31) estimate, and sales of $1.37 billion, falling short of the $1.48 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:13 am

HOFT

Hooker Furnishings expects to return to profitability in the current fiscal year despite reporting an operating loss this quarter, which was driven by sales reductions in each segment.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:10 am

BEST

BEST Inc. reported its Q1 2024 earnings per ADS (EPADS) at $(1.15), an improvement from $(1.71) year-over-year. Sales increased to $268.97 million from $249.76 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:08 am

JFIN

Jiayin Group expects its loan facilitation volume for 2024 to be between RMB93 billion and RMB98 billion, with Q2 2024 volume around RMB23 billion. These forecasts are based on current market and operational conditions.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:08 am

SMTC

Semtech shares are trading higher after the company reported better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:08 am

SMAR

Smartsheet shares are trading higher following the company's better-than-expected Q1 financial results and the announcement of a $150 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:07 am

CXM

Sprinklr shares are trading lower after the company cut its FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:07 am