Kandi Technologies Group (KNDI) Reports Q2 EPS of $4.90; Issues Q3 Outlook

Kandi Technologies Group (NASDAQ: KNDI) reported Q2 EPS of $4.90, versus $3.22 reported last year. Revenue for the quarter came in at $48 million, versus $33 million reported last year.

Kandi Technologies Group sees Q3 2015 revenue of $49-51 million. Sees Q3 gross margin in the range of 13.5% to 14.5%.

The Company also expects the JV Company to deliver 5,500 to 6,500 EV products in the third quarter and a total of 20,000-25,000 EV products in the full year of 2015.

For earnings history and earnings-related data on Kandi Technologies Group (KNDI) click here.

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