NIO ADR Stock News

Nio's Q3 revenues beat estimates, with improved gross margins, and management is targeting positive net income for 2026. The Onvo launch has started to boost delivery volumes, but the production ramp and Q4 guidance disappointed analysts. Nio's balance sheet showed a sequential working capital decline, though it was free cash flow positive in Q3.

Nio's (NIO) U.S.-listed shares are little changed in mid-day trading, after the Chinese electric vehicle maker reported worse-than-expected quarterly results, including a wider-than-forecast loss.

NIO Inc. (NYSE:NIO ) Q3 2024 Earnings Conference Call November 20, 2024 7:00 AM ET Company Participants Rui Chen - Head of IR William Li - Founder, Chairman & CEO Stanley Qu - CFO Conference Call Participants Tim Hsiao - Morgan Stanley Nick Lai - JPMorgan Ming Hsun Lee - Bank of America Bin Wang - Deutsche Bank Yuqian Ding - HSBC Xue Deng - CICC Paul Gong - UBS Tina Hou - Goldman Sachs Operator...

NIO Inc.'s robust Q3 2024 results and record deliveries were overshadowed by a weaker-than-expected revenue guidance for Q4 this evening. Management guided 72,000-75,000 deliveries for Q4, representing substantial sequential acceleration. But the softer-than-expected revenue outlook highlights the weight of near-term ASP pressure. Despite near-term ASP pressures, the longer-term scale advantage...

NIO Inc (NYSE:NIO) shares moved lower after the Chinese EV maker posted a wider-than-expected loss and revenue miss for the third quarter. The company reported a net loss of 5.14 billion yuan (US$710 million), compared to 4.63 billion yuan in the same period last year and greater than the 4.75 billion yuan loss expected by Wall Street analysts.

Nio's stock drops after quarterly results and revenue outlook disappoint, despite record deliveries.

Chinese electric-vehicle maker NIO reported a wider-than-expected third-quarter loss, and guidance was lackluster.

Nio's (NIO) U.S.-listed shares are falling in premarket trading, after the Chinese electric vehicle maker reported worse-than-expected quarterly results, including a wider-than-forecast loss.