Li Auto Reports Mixed Q2 Results and Launches Q3 Perspective
Li Auto’s Q2 Financial Performance
Li Auto (LI) has reported its Q2 results revealing some mixed signals for investors. The non-GAAP earnings per share (EPADS) was $0.20, exceeding expectations by $0.01. However, revenue for the quarter reached $4.4 billion, representing a growth of 10.6% year-over-year but falling short by $20 million of forecasts.
Delivery Figures and Q3 Outlook
During Q2 of 2024, total deliveries reached a critical juncture which investors are keenly watching. As Li Auto initiates its Q3 outlook, the focus will be on addressing market dynamics and competitive challenges. The performance in this quarter will be pivotal for future prospects.
Key Takeaways
- Q2 EPADS: $0.20, beats by $0.01
- Q2 Revenue: $4.4B, misses by $20 million
- Total Deliveries: Insight into market performance
For those interested in more details on Li Auto and its market performance, further information is available at their official releases and financial updates on financial news platforms.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.