06:17 AM EDT, 05/20/2024 (MT Newswires) -- EHang Holdings ( EH ) reported a Q1 adjusted loss Monday of 0.16 Chinese renminbi ($0.02) per diluted American depositary share, narrowing from an adjusted loss of 0.56 renminbi a year earlier.

Analysts' estimates were not readily available for comparison.

Revenue for the quarter ended March 31 was 61.7 million renminbi, compared with 22.2 million renminbi a year earlier.

A single analyst surveyed by Capital IQ expected 47.2 million renminbi.

For Q2, EHang ( EH ) said it expects about 90 million renminbi in revenue. An analyst surveyed by Capital IQ expects 84.8 million renminbi.

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