NIO EPS beats by $0.95, beats on revenue

Apr. 29, 2021 5:33 PM ETNIO Inc. (NIO)NIOBy: Gaurav Batavia, SA News Editor205 Comments
  • NIO (NYSE:NIO): Q1 Non-GAAP EPS of -$0.04 beats by $0.95; GAAP EPS of -$0.48 misses by $0.33.
  • Revenue of $1.22B (+481.8% Y/Y) beats by $160M.
  • Deliveries of vehicles were 20,060 in the first quarter of 2021, including 4,516 ES8s, 8,088 ES6s and 7,456 EC6s, representing an increase of 422.7% from the first quarter of 2020 and an increase of 15.6% from the fourth quarter of 2020.
  • For 2Q21 Company expects: Total revenues to be between RMB 8,146.1M (US$1.24B) and RMB8,504.5M (US$1.29B); and Deliveries of the vehicles to be between 21,000 and 22,000, representing an increase of 103% to 113% Y/Y.
  • Shares -0.7% AH.
  • Press Release

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