Hesai Group Q3 Non-GAAP Net Income Falls, Revenue Rises; Shares Up Pre-Bell
MT newswire2026/11/10 08:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:10 AM EST, 11/10/2026 (MT Newswires) -- Hesai Group (HSAI) reported Q3 non-GAAP net income Tuesday of 0.09 Chinese renminbi ($0.01) per diluted share, down from 0.25 renminbi a year earlier. Net revenue for the quarter ended Sept. 30 was 1.07 billion renminbi, compared with 795.4 million renminbi a year earlier. Analysts polled by FactSet expected 1.05 billion renminbi. For Q4, the company expects net revenue of 1.10 billion renminbi to 1.15 billion renminbi. Analysts expect 1.29 billion renminbi. Hesai Group shares were up 3.4% in premarket activity.
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