- EHang (NASDAQ:EH): Q3 Non-GAAP EPADS of -$0.14; GAAP EPADS of -$0.20.
- Revenue of $2M (-81.0% Y/Y)
- Press Release
- Gross margin was 61.8%, representing a continued high gross margin level and a decrease of 6.2 percentage points from the second quarter of 2021 mainly due to the changes in revenue mix.
- The Company adjusted the annual revenue forecast for 2021 to be between RMB50 million and RMB60 million vs. estimated decline of -27.17% Y/Y.
Earlier this week, SA Quant Rating issued a warning on EH that it is at high risk of performing badly as the stock is overpriced and has inferior profitability when compared to other Industrials stocks.