Niu Technologies Q4 Financial Results and Q1 Expectations

Monday, 18 March 2024, 07:08

Niu Technologies released its Q4 financial report, showing a GAAP Earnings Per Share of -$0.23 and revenue of $67.42 million, marking a 21.8% decrease year-over-year. The company sold 137,476 e-scooters, a marginal decline of 0.6% compared to the previous year. The report also includes insights into the company's Q1 outlook, indicating potential future performance.
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Niu Technologies Q4 Financial Results and Q1 Expectations

Niu Technologies Financial Report Overview

The recent press release by Niu Technologies (NIU) unveils the financial results for Q4, highlighting a GAAP Earnings Per Share of -$0.23 and a revenue of $67.42 million, a 21.8% decrease compared to the prior year.

Key Metrics

  • The company sold 137,476 e-scooters in the quarter, reflecting a 0.6% year-over-year decrease.

The announcement also includes insights into the Q1 outlook for Niu Technologies, providing projections for potential future growth and performance.


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.


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