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Lotus Technology's Q4 Loss Narrows, Revenue Increases
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Lotus Technology's Q4 Loss Narrows, Revenue Increases
Apr 8, 2024 4:26 AM

07:08 AM EDT, 04/08/2024 (MT Newswires) -- Lotus Technology ( LOT ) reported a Q4 net loss Monday of $0.49 per diluted share, narrowing from a loss of $0.75 a year earlier.

Revenue for the quarter ended Dec. 31 was $361.1 million, up from $5.9 million a year earlier.

Analysts' estimates were not readily available for comparison.

Shares of the Chinese luxury electric vehicle company were down almost 1% in Monday's premarket activity.

Price: 6.76, Change: -0.06, Percent Change: -0.95

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