NIO Inc. (NYSE: NIO) reported its second quarter 2024 earnings outcomes right this moment.
Complete revenues have been $2.40 billion, up 98.9% from the identical interval final 12 months.
Web loss attributable to peculiar shareholders was $705.4 million, down 16.3% from final 12 months. Adjusted web loss attributable to peculiar shareholders was $623.7 million.
Web loss per peculiar share/ADS was $0.34. Adjusted loss per share/ADS was $0.30.
Car deliveries have been 57,373 within the second quarter of 2024, up 143.9% from final 12 months.
For the third quarter of 2024, the corporate expects complete 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 12 months.
Prior efficiency
