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Xpeng Quarterly Loss Narrows But Outlook Shows Tough Times Ahead

Xpeng Quarterly Loss Narrows But Outlook Shows Tough Times Ahead
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China s EV Maker XPeng Speeds Ahead with Strong Revenue Growth, Expects Selling More Than 29K Units In Q2 - XPeng (NYSE:XPEV)

XPeng Inc reported a 62.3% sales growth in Q1 2024 but missed analyst estimates. Vehicle deliveries increased 19.7% and gross margin improved.

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Xpeng shares accelerate as losses narrow and margins jump

Xpeng shares accelerate as losses narrow and margins jump
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XPeng Q1 Loss Narrows On Strong Deliveries; Sees Growth In Q2; Stock Up In Pre-market

XPeng Inc. (XPEV), a Chinese smart electric vehicle company, reported Tuesday that its first-quarter net loss attributable to ordinary shareholders was RMB1.37 billion or $0.

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China s EV Maker XPeng Speeds Ahead with Strong Revenue Growth, Expects Selling More Than 29K Units In Q2

Chinese EV maker XPeng Inc (NYSE:XPEV) reported fiscal first-quarter sales growth of 62.3% year-on-year, to 6.55 billion Chinese Yuan ($0.91 billion), beating the analyst consensus estimate of 6.17 billion Chinese Yuan ($0.87 billion). Total revenues declined 49.8% sequentially. Adjusted net loss per ADS of $0.21 beat the analyst consensus loss estimate of $0.27. The stock price gained after the print. The Tesla Inc (NASDAQ:TSLA) rival’s quarterly vehicle deliveries increased 19.7% year-on-year

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