HomeMarketsInternational MarketsNio (NIO) Shares Fall After Earnings

Nio (NIO) Shares Fall After Earnings

Nio’s (NIO) 1Q adjusted EPS came in at -$0.33 versus an estimated -$0.31 and revenue came in at $1.37B versus an estimated $1.48B. Olivier Blanchard and Phillip Wool break down Nio’s earnings. The CFO of Nio notes that the focus remains on optimizing cost management and accelerating market share growth. Blanchard and Wool discuss the outlook for Chinese E.V.s. Tune in to find out more about the stock market today.

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06 Jun 2024

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