Streetbeat News

NAAS

NaaS Technology Inc.

https://www.enaas.com

Industry

Specialty Retail

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It serves charging station operators, charger manufacturers, EV OEMs, and other end-users. The company was founded in 2019 and is based in Beijing, China.

Open

2.98

Mkt cap

34M

Volume

121K

High

3.03

P/E Ratio

-0.19

52-wk high

61.60

Low

2.78

Div yield

N/A

52-wk low

1.42

In Thursday's after-market session, several consumer discretionary stocks showed notable movements. Aterian, BurgerFi International, Cango, Connexa Sports Techs, CarParts.com, and ARKO were among the gainers, with increases ranging from 2.69% to 5.8%. On the downside, Lixiang Education Hldg, Cricut, JX Luxventure, Naas Technology, SRM Entertainment, and Kaixin Holdings experienced declines between 2.6% and 4.6%.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:31 pm

In Wednesday's after-market session, several consumer discretionary stocks showed notable movements. Rent the Runway (RENT) led the gainers with a 53.6% increase following their Q4 earnings release. Other gainers included Naas Technology (NAAS), Kaival Brands Innovations (KAVL), Dogness (DOGZ), Barnes & Noble Education (BNED), and Worksport (WKSP). On the losing side, E-Home Household Service (EJH), Lobo EV Technologies (LOBO), Cricut (CRCT), Allurion Technologies (ALUR), Mister Car Wash (MCW), and PLBY Group (PLBY) saw declines.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:31 pm

NaaS Technology has formed a partnership with Beijing Car Network New Energy to connect 20 charging stations and over 1,000 chargers, enhancing the electric vehicle (EV) charging infrastructure.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 10:52 am

NaaS Technology's shares have declined following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:31 pm

Naas Technology (NASDAQ:NAAS) reported a Q4 adjusted loss of $(0.19) per share, a 171.43% decrease from $(0.07) YoY. Sales rose to $9.06M, a 112.27% increase from $4.27M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 29, 2024 | 4:53 am

NaaS Technology reported a 2023 revenue of $45.1M, marking a 245% YoY growth. Gross margin rose to 27.7%, with gross profit reaching $12.5M, a 14.4-fold increase.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 9:30 pm

NaaS Technology reported a significant increase in its Q4 revenues, showing a 119% year-over-year growth to reach $9.1 million.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:42 pm

In Thursday's after-market session, several consumer discretionary stocks showed notable movements. Torrid Holdings and Naas Technology reported Q4 earnings, leading to a 15.8% increase in CURV and a 3.22% rise in NAAS. Other gainers included Selina Hospitality, Golden Sun Health, Arcimoto, and Worksport. Conversely, Oxford Industries, EZGO Technologies, Faraday Future, Kidpik, Petco Health and Wellness, and Cazoo Gr experienced declines, with OXM also reporting Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:31 pm

Earnings reports for March 28, 2024, include a mix of expected profits and losses across various sectors. Notable companies like Walgreens Boots Alliance and MSC Industrial Direct Co anticipate earnings, while others like Shimmick and Affimed project losses. The diversity of industries, from healthcare to technology and finance, highlights the varied performance within the market.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 9:24 am

NaaS Technology Inc. (NASDAQ:NAAS) has partnered with China Southern Power Grid (Hainan) EV Service Co to enhance the EV charging infrastructure and payment services in Hainan Province, China. This collaboration aims to integrate 193 charging stations and 700 DC chargers into NaaS's nationwide network, which already includes 73,000 charging stations and 767,000 chargers. The company also announced strategic agreements with CCTEB in Wuhan and CATARC in Tianjin to further expand and improve its charging infrastructure. Despite these developments, NAAS stock has declined over 70% in the past year but saw a slight increase of 0.87% to $1.16 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

March 22, 2024 | 10:26 am

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