NIO Inc. (NYSE: NIO) reported its second quarter 2024 earnings outcomes at this time.
Whole revenues have been $2.40 billion, up 98.9% from the identical interval final yr.
Web loss attributable to bizarre shareholders was $705.4 million, down 16.3% from final yr. Adjusted internet loss attributable to bizarre shareholders was $623.7 million.
Web loss per bizarre share/ADS was $0.34. Adjusted loss per share/ADS was $0.30.
Automobile deliveries have been 57,373 within the second quarter of 2024, up 143.9% from final yr.
For the third quarter of 2024, the corporate expects whole revenues to vary between $2.63 billion and $2.70 billion, representing a rise of approx. 0.2% to three.2% from the prior-year interval. Deliveries of automobiles are anticipated to be between 61,000 and 63,000 models, representing a rise of approx. 10.0-13.7% from final yr.
Prior efficiency
