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Stock impact report

Nio Just Accomplished Something Ford, General Motors Wish They Could Have Done For Electric Vehicles [Yahoo! Finance]

NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) 
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Shanghai-based Nio Inc just did something that the U.S.' Ford Motor Company and General Motors Company have yet to achieve in the EV sector. Nio's Q4 Results Highlighted By Profitability Nio beat analyst estimates for both revenue and earnings per share in the fourth quarter. Revenue of $4.95 billion was a quarterly record and beat an analyst estimate of $4.61 billion. The company's adjusted earnings of 4 cents per share beat the analyst consensus estimate of a 5-cent-per-share loss. Don't Miss: This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistakes — See Why Investors Are Paying Attention Explore the Fire-Safe Energy Storage Company With $185M in Contracted Revenue This marked Nio's first quarterly profit and came as analysts expected continued losses, similar to the last three quarters of the fiscal year. With the positive earnings, Nio has accomplished something that Ford and GM couldn't for their EV segments and something that only Tesla Inc and BYD Co have acc Show less Read more
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