Is Nio Racing Ahead? Surprising Q3 Results Revealed
Benzinga
DECEMBER 5, 2023
Chinese electric vehicle startup Nio, Inc (NYSE: NIO ) reported third-quarter revenue of 19.07 Excluding share-based compensation expenses, the company reported a non-GAAP loss of 2.28 billion yuan ($2.61 billion), up by 46.6% year-over-year and 117.4% from the previous quarter. Analysts, on average, estimated revenue of $2.63
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