Niu Technologies Announces First Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St indexes eye weekly losses; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
Niu Technologies (NIU) Reports Q1 Loss of $0.05 on Revenues of $7.76M
May 18, 2020 5:50 AM EDTNiu Technologies (NASDAQ: NIU) reported Q1 EPS of ($0.05). Revenue for the quarter came in at $7.76 million.
First Quarter 2020 Financial Highlights
Revenues were RMB 232.9 million, a decrease of 34.4% year over yearGross margin was 23.6%, compared with 21.3% in the first quarter of last yearNet loss was RMB 26.4 million, compared with net income of RMB 12.0 million in the first quarter of last yearAdjusted net loss (non-GAAP)1 was RMB 18.6 million, compared with adjusted net income of RMB 14.6 million in the first quarter of last yearFirst Quarter 2020 Operating Highlights
The number of e-scooters sold... More