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 >
Oil Prices Dip as Trump Says New Tariffs on Canada and Mexico to Take Effect Next Month
Oil Prices Dip as Trump Says New Tariffs on Canada and Mexico to Take Effect Next Month
Jan 21, 2025
09:27 AM EST, 01/21/2025 (MT Newswires) -- Oil prices weakened early on Tuesday as Donald Trump declared a national energy emergency on the first day of his return to the U.S. presidency and postponed to Feb. 1 plans to immediately impose a 25% tariff on imports from Canada, which supplies 60% of U.S. oil imports. West Texas Intermediate crude oil...
Amylyx Pharmaceuticals Says FDA Lifts Clinical Hold on Phase 1 ALS Study
Amylyx Pharmaceuticals Says FDA Lifts Clinical Hold on Phase 1 ALS Study
Jan 21, 2025
09:28 AM EST, 01/21/2025 (MT Newswires) -- Amylyx Pharmaceuticals ( AMLX ) said Tuesday that the US Food and Drug Administration has lifted a clinical hold on a phase 1 clinical trial of AMX0114, an amyotrophic lateral sclerosis treatment candidate. The company said it is now in the process of opening US sites for screening, enrollment and dosing with the...
Ford's BlueCruise System Under Expanded NHTSA Investigation Following Collisions
Ford's BlueCruise System Under Expanded NHTSA Investigation Following Collisions
Jan 21, 2025
09:28 AM EST, 01/21/2025 (MT Newswires) -- Ford Motor's ( F ) BlueCruise driver assistance system is now under an engineering analysis by the National Highway Traffic Safety Administration to further investigate alleged limitations in detecting in-road stationary vehicles, the regulator said in a notification issued recently. The engineering analysis, opened on Jan. 17, will include further vehicle evaluations, technical...
EV Startup Canoo Files For Bankruptcy After NASA, USPS, Walmart Partnerships Bear Little Fruit
EV Startup Canoo Files For Bankruptcy After NASA, USPS, Walmart Partnerships Bear Little Fruit
Jan 21, 2025
Canoo Inc. ( GOEV ) shares are trading lower in the premarket session on Tuesday after the electric vehicle company filed for Chapter 7 bankruptcy. What Happened: The filing, made with the U.S. Bankruptcy Court in Delaware, initiates the liquidation of Canoo's ( GOEV ) assets under the supervision of a court-appointed trustee. The company's failure to secure crucial financial...
Copyright 2023-2026 - www.financetom.com All Rights Reserved