financetom
Business
financetom
/
Business
/
Hesai Group Swings to Profit Amid Higher Sales in Q3; Shares Jump Premarket
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hesai Group Swings to Profit Amid Higher Sales in Q3; Shares Jump Premarket
Nov 11, 2025 1:59 AM

04:24 AM EST, 11/11/2025 (MT Newswires) -- Hesai Group ( HSAI ) reported Q3 non-GAAP earnings early Tuesday of 2 renminbi ($0.28) per diluted share, versus a loss of 0.34 renminbi a year earlier.

Net revenue for the quarter ended Sept. 30 was 795.4 million renminbi, up from 539.4 million renminbi a year earlier.

The company expects Q4 revenue to be between 1 billion renminbi and 1.2 billion renminbi.

Shares of the company traded over 5% higher in recent premarket activity Tuesday.

Price: 24.33, Change: +1.27, Percent Change: +5.51

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
KKR-SingTel consortium frontrunner to buy $1 bln stake in data centre provider, sources say
KKR-SingTel consortium frontrunner to buy $1 bln stake in data centre provider, sources say
May 28, 2024
By Yantoultra Ngui SINGAPORE, May 28 (Reuters) - A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. The potential investment in STT Telemedia Global Data Centres (STT GDC) reflects growing interest and demand for...
Ex-OpenAI board member provides her first detailed account of CEO ouster
Ex-OpenAI board member provides her first detailed account of CEO ouster
May 28, 2024
SAN FRANCISCO, May 28 - OpenAI's board only learned of the existence of ChatGPT when they saw it on Twitter, former board member Helen Toner said in an interview on The Ted AI Show podcast that aired Tuesday. Toner provided her first detailed account of the backstory behind the dramatic firing and rehiring last November of OpenAI's CEO Sam Altman,...
KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say
KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say
May 28, 2024
By Yantoultra Ngui SINGAPORE (Reuters) -A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. The potential investment in STT Telemedia Global Data Centres (STT GDC) reflects growing interest and demand for data centres across...
Union at Samsung Electronics in South Korea to take strike action
Union at Samsung Electronics in South Korea to take strike action
May 28, 2024
SEOUL (Reuters) - Samsung Electronics' ( SSNLF ) union in South Korea has declared it will start taking strike action, including advising members as an initial protest to take annual leave on June 7, a union official said during a live-streamed press conference on Wednesday. The union accounts for about 28,000 workers, or more than a fifth of the company's...
Copyright 2023-2026 - www.financetom.com All Rights Reserved