NIO Inc - ADR

NYSE:NIO  
43.04
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5:35:54 PM EDT: $42.99 -0.05 (-0.12%)
Other Pre-Announcement

Nio Inc's Q3 Revenue Rose 146.4% TO RMB 4.526 Bln

Published: 11/17/2020 21:15 GMT
NIO Inc. (NIO) - .
Reports Unaudited Third Quarter 2020 Financial Results.
Q3 Revenue Rose 146.4 Percent to Rmb 4.526 Billion.
Q3 Revenue Estimate Rmb 3.53 Billion -- Refinitiv Ibes Data (analyst estimates).
Deliveries of Vehicles Were 12,206 in Q3 of 2020, Including 8,660 Es6s, 3,530 Es8s and 16 Ec6s.
Qtrly Basic and Diluted Net Loss per Ads Were Both Rmb0.98.
Qtrly Diluted Net Loss per American Depositary Share Was Rmb0.98 (us$0.14).
Expect to Deliver 16,500 to 17,000 Vehicles in Coming Q4.
Sees Q4 Total Revenues to Be Between Rmb6,258.7 Million (us$921.8 Million) and Rmb6,435.8 Million (us$947.9 Million).
Vehicle Sales Were Rmb4,266.8 Million (us$628.4 Million) in Q3 of 2020, Representing an Increase of 146.1% From Q3 of 2019.
Q3 Earnings per Share View Cny -1.11 -- Refinitiv Ibes Data (analyst estimates).
Q4 Revenue View Cny 5.32 Billion -- Refinitiv Ibes Data (analyst estimates).