NIO Inc. (NIO) Reports In-Line Q1 EPS, Delivers 25,768 Vehicles; Guides Q2 Deliveries of 23,000-25,000

NIO Inc. (NYSE: NIO) reported Q1 EPS of ($0.13), in-line with the analyst estimate of ($0.13). Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.49 billion. The company delivered 25,768 vehicles in Q1.

GUIDANCE:

For Q2 2022 the company guides:

Deliveries of vehicles to be between 23,000 and 25,000 vehicles, representing an increase of approximately 5.0% to 14.2% from the same quarter of 2021.

Revenue of $1.47-1.59 billion.

For earnings history and earnings-related data on NIO Inc. (NIO) click here.

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