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Nio Inc Maintains FY 2012 Financial Guidance; Comments on FY 2013 Financial Guidance


Thursday, 15 Nov 2012 02:13am EST 

Nio Inc announced that it is on track to reach the previously announced fiscal year 2012 financial guidance. The Company still expects to report fiscal year 2012 revenue in a range of between USD 22 million and USD 25 million and fiscal year 2012 EBITDA of USD 10 million. The Company also announced that it expects to report fiscal year 2013 revenues and EBITDA increased by over 100% compared to fiscal year 2012. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012 revenues of USD 24 million, fiscal year 2012 EBITDA of USD 9.95 million and fiscal year 2013 EBITDA of USD 20.20 million. 

Company Quote

1.29
0.1 +8.40%
16 Apr 2014