07:47 AM EDT, 05/20/2024 (MT Newswires) -- Ecarx Holdings ( ECX ) reported a Q1 loss Monday of 0.84 Chinese renminbi ($0.12) per diluted share, widening from a loss of 0.61 renminbi a year earlier.

Analysts polled by Capital IQ expected a loss of $0.08.

Revenue for the quarter ended March 31 was 927.9 million renminbi ($128.5 million), up from 765.1 million renminbi a year earlier.

Analysts surveyed by Capital IQ expected $135 million.

Shares of the mobile technology provider were up more than 10% in recent Monday premarket activity.

Price: 1.6500, Change: +0.16, Percent Change: +10.74