China Automotive Systems Reports Unaudited 2018 Third Quarter Results
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China Automotive Systems (CAAS) Reports Q3 EPS of $0.01, Revenues Miss; Lowers FY18 Revenue Guidance
November 9, 2018 6:03 AM ESTChina Automotive Systems (NASDAQ: CAAS) reported Q3 EPS of $0.01, versus $0.00 reported last year. Revenue for the quarter came in at $112.1 million versus the consensus estimate of $118.29 million.
Mr. Qizhou Wu, the Chief Executive Officer of CAAS, commented, "Sales of our traditional hydraulic products continued to anchor our sales in the Chinese automotive... More
