NIO Reports Non-GAAP EPADS of $0.00, Beats Estimates; Revenue Misses Expectations
NIO reported Q1 non-GAAP earnings per adjusted diluted share (EPADS) of $0.00, beating estimates by $0.05, but revenue came in at $3.3 billion, missing expectations by $460 million despite a 98.8% year-over-year increase. Shares rose slightly after the report.
Tickers: $NIO
Topics: Automotive Earnings Electric Vehicles