Hesai Group (NASDAQ:HSAI) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
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U.S. stocks move｜Hesai surged over 16% at one point, with impressive third-quarter performance and core product prices set to be halved next year.
On November 27, Gelonghui reported that Hesai (HSAI.US) briefly rose over 16% during intraday trading, reaching a high of $7.99. The stock surged over 44% yesterday. In terms of news, Hesai achieved revenue of 0.54 billion yuan in the third quarter, an increase of 21.1% year-on-year. This growth was mainly due to a significant increase in lidar shipment volumes, with total quarterly deliveries reaching 134,208 units, marking a year-on-year growth of 182.9%. In terms of profitability, Hesai continued to significantly reduce losses, with the third quarter Non-GAAP net loss narrowing by 56.8% year-on-year, and the profitability indicators continued to improve. Additionally, regarding 'Hesai...'
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Market Chatter: Hesai Group to Slash Main Lidar Product's Price by Half Next Year
Express News | Hesai Technology: Some ADAS lidar products are expected to drop to 200 US dollars.