Shares of Niu Technologies (NASDAQ:NIU) decreased 0.6% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 80.00% over the past year to ($0.01), which missed the estimate of $0.04.
Revenue of $83,540,000 up by 153.94% from the same period last year, which beat the estimate of $79,680,000.
Looking Ahead
Earnings guidance hasn’t been issued by the company for now.
Revenue guidance hasn’t been issued by the company for now.
How To Listen To The Conference Call
Date: May 17, 2021
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/e8aed5q5
Recent Stock Performance
52-week high: $53.38
Company’s 52-week low was at $8.42
Price action over last quarter: down 24.55%
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.
