NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2019 Financial Results

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Go back to NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2019 Financial Results

NIO Inc. (NIO) Reports Q4 Loss of RMB2.73/ADS, Offers Guidance

March 18, 2020 7:34 AM EDT

NIO Inc. (NYSE: NIO) reported Q4 EPS of (RMB2.73), versus (RMB3.20) reported last year. Revenue for the quarter came in at RMB2.84 billion, versus RMB3.45 billion reported last year.

Deliveries of vehicles were 8,224 in the fourth quarter of 2019 including 6,824 ES6s and 1,400 ES8s, compared with 4,799 vehicles delivered in the third quarter of 2019.

CEO and CFO Comments

We delivered, on a combined basis, 8,224 ES8 and ES6 vehicles in the fourth quarter of 2019, representing a 71.4% sequential increase from the prior quarter. Cumulative deliveries of ES8 and ES6 reached 20,565 in 2019, representing an 81.2%... More