Xpeng beats top-line and bottom-line estimates; initiates Q424 outlook

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Contributor since / Followers

10 hours ago

Xpeng press release (NYSE:XPEV): Q3 Non-GAAP EPADS of -$0.23 beats by $0.01.
Revenue of $1.44B (+18.4% Y/Y) beats by $30M.
Quarterly gross margin was 15.3%, reaching a historical high, an increase of 18.0 percentage points over the same period of 2023.

Tags: XPEV