Shares of Niu Technologies NIU rose 5.5% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 80.00% year over year to $0.18, which beat the estimate of $0.16.
Revenue of $146,322,000 rose by 60.29% from the same period last year, which missed the estimate of $156,040,000.
Guidance
Q3 revenue expected to be between $193,600,000 and $224,576,000.
How To Listen To The Conference Call
Date: Aug 16, 2021
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/xngvg874
Price Action
52-week high: $53.38
Company's 52-week low was at $17.70
Price action over last quarter: down 25.66%
Company Description
Niu Technologies designs, manufactures and sells high-performance smart e-scooters. The company has build smart e-scooters based on advanced and innovative technologies, including smart technologies, powertrain, and battery technologies and automotive-inspired functionalities. It offers N, M, and U series e-scooters with various models or specifications under the NIU brand name. The Group's principal operations and geographic markets are mainly in the People's Republic of China.
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