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Earnings Call Summary | Hesai(HSAI.US) Q1 2024 Earnings Conference
The following is a summary of the Hesai Group (HSAI) Q1 2024 Earnings Call Transcript:Financial Performance:Hesai Group's net revenue for Q1 2024 was RMB 359.1 million (USD 49.7 million), expected to
HSAI.US (HSAI.US) Q1 Earnings Report Released: ADAS Business Steady Growth Has Gained New International Positions
In the first quarter, Hesai Technology achieved revenue of 360 million yuan; the total delivery volume of lidars reached 59,101 units, an increase of 69.7% over the previous year; of these, the number of ADAS products delivered was 52,462 units, an increase of 86.1% over the previous year.
Why did HSAI.US (HSAI.US), a leading international car company, run out of the “acceleration” of global development?
It was the first to break through in the overseas front-end mass production market, which is surrounded by international manufacturers. Next, Hesai may soon be able to overcome the “acceleration” of global development.
Analysts Have Lowered Expectations For Hesai Group (NASDAQ:HSAI) After Its Latest Results
There's been a notable change in appetite for Hesai Group (NASDAQ:HSAI) shares in the week since its quarterly report, with the stock down 15% to US$4.53.
URBN, SHLS and VSAT Are Among After Hour Movers
Why James Hardie Industries Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Shares of James Hardie Industries plc (NYSE:JHX) fell sharply during Tuesday's session after the company reported worse-than-expected quarterly financial results.James Hardie Industries posted adjuste
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