NIO Inc. (NIO) Reports Q1 Loss of $0.36/Share

May 28, 2019 6:30 AM EDT

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NIO Inc. (NYSE: NIO) reported Q1 EPS of ($0.36). Revenue for the quarter came in at $243.1 million.

Business Outlook

For the second quarter of 2019, the Company expects:

  • Deliveries of vehicles to be between 2,800 and 3,200 units, representing a decrease of approximately 19.8% to 29.8% from the first quarter of 2019. This outlook incorporates the planned deliveries of several hundred ES6s in June 2019.
  • Total revenues to be between RMB1,134 million (US$169 million) and RMB1,294 million (US$193 million), representing a decrease by approximately 20.7% to 30.5% from the first quarter of 2019.

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

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