Shares of Niu Technologies NIU moved higher by 4.2% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were flat 0.00% over the past year to $0.10, which beat the estimate of $0.09.
Revenue of $91,285,000 higher by 18.13% from the same period last year, which missed the estimate of $96,780,000.
Outlook
Q3 revenue expected to be between $120,310,000 and $134,464,000.
How To Listen To The Conference Call
Date: Aug 17, 2020
Time: 08:00 AM
ET Webcast URL: https://apac.directeventreg.com/der/toRegistration.action
Technicals
52-week high: $25.88
52-week low: $6.08
Price action over last quarter: Up 104.25%
Company Description
Niu Technologies designs, manufactures, and sells high-performance smart e-scooters. The company has build the smart e-scooters based on advanced and innovative technologies, including smart technologies, powertrain, and battery technologies and automotive-inspired functionalities. It offers N, M, and U series e-scooters with various models or specifications under the NIU brand name. The Group's principal operations and geographic markets are mainly in the People's Republic of China.
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