NIO Q3 beats top-line estimates; initiates FQ4 outlook

  • NIO press release (NYSE:NIO): Q3 Non-GAAP EPADS of -$0.31 in-line.
  • Revenue of $2.66B (-2.1% Y/Y) beats by $10M.
  • Vehicle deliveries were 61,855 in the third quarter of 2024, consisting of 61,023 vehicles from the company’s premium smart electric vehicle brand NIO

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