Li Auto Reports Q1 Non-GAAP EPADS of -$0.30 in Line With Estimates; Revenue Exceeds Expectations
Li Auto (LI) reported first-quarter non-GAAP earnings per adjusted diluted share (EPADS) of -$0.30, which met expectations. The company's revenue reached $3.3 billion, beating estimates by $110 million despite a year-over-year decline of 11.4%. Total vehicle deliveries for the quarter were 95,142 units, up 2.5% from the prior year.
Tickers: $LI
Topics: automotive deliveries revenue