Shares of Niu Technologies NIU decreased 6.8% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 25.00% year over year to $0.15, which missed the estimate of $0.22.
Revenue of $131,740,000 rose by 43.88% year over year, which missed the estimate of $149,280,000.
Looking Ahead
Q4 revenue expected to be between $83,216,000 and $90,580,000.
Details Of The Call
Date: Nov 23, 2020
Time: 08:00 AM
ET Webcast URL: https://apac.directeventreg.com/der/toRegistration.action
Recent Stock Performance
52-week high: $37.44
Company's 52-week low was at $6.08
Price action over last quarter: Up 65.34%
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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