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HESAI-W 3Q Results Swing to RMB260M Net Income; Full-yr Net Income Guidance Raised; US Shrs Up 6%+ Pre-mkt
Recommend 3 Positive 6 Negative 2 |
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HESAI-W (02525.HK) announced that it recorded a net income of RMB256 million for the third quarter of 2025, compared with net loss of RMB70.4 million for the same period of 2024. Excluding share-based compensation expenses, non-GAAP net income was RMB288 million, compared with non-GAAP net loss of RMB44 million for the same period of 2024. Net revenues were RMB795 million, up 47.5% YoY. For the fourth quarter of 2025, the Company expected net revenues to be between RMB1 billion and RMB1.2 billion, representing a YoY increase of approximately 39-67%. The nine-month total net income was RMB283 million, already achieving the company's full-year target a quarter earlier than planned. With that, the company raised its full-year GAAP net income guidance to a range of RMB350 million to RMB450 million. Hesai (HSAI.US) spiked 6.29% in pre-market trading to USD24.51. AAStocks Financial News |
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