Earnings Call Summary | Niu Technologies(NIU.US) Q1 2024 Earnings Conference

The following is a summary of the Niu Technologies (NIU) Q1 2024 Earnings Call Transcript:Financial Performance:Niu Technologies reported Q1 2024 sales volume of 129,000 units, marking a year-over-yea

moomoo AIMay 20 17:00 ET · Conference Call

Niu Technologies Reports Growth Amidst Losses

TipRanksMay 20 06:57 ET

Niu Technologies | 6-K: Report of foreign private issuer (related to financial reporting)

SEC announcementMay 20 06:04 ET · Announcements

Maverick Electric (NIU.US): Revenue of 504.7 billion yuan in the first quarter increased 21.0% year-on-year

On the afternoon of May 20 and May 20, Gelonghui Electric (NIU.US) today released its financial report for the first quarter of 2024 ending March 31: revenue was RMB 504.7 million, an increase of 21.0% over the previous year. Gross margin was 18.9% compared to 21.7% in the first quarter of 2023. The net loss was 54.8 million yuan, compared to a net loss of 60.3 million yuan for the same period in 2023. Adjusted net loss under non-US GAAP was $48.5 million, compared with a net loss of 46.1 million yuan for the same period in 2023. In terms of operating performance, the sales volume of electric scooters was 129,139 units.

Gelonghui FinanceMay 20 04:15 ET

Express News | Niu Technologies Shares Down 3.8% Premarket After Q1 Results

ReutersMay 20 04:14 ET

Niu Technologies: Global Expansion Remains Top Priority >NIU

Niu Technologies: Global Expansion Remains Top Priority >NIU

Dow JonesMay 20 03:11 ET