WeRide's Q1 Loss Narrows, Revenue Rises

MT Newswires Live
21 May

WeRide (WRD) reported a Q1 loss Wednesday of 1.38 Chinese renminbi ($0.18) per diluted American depositary share, narrowing from a loss of 11.85 renminbi a year earlier.

Revenue for the quarter ended March 31 was 72.4 million renminbi, up from 71.2 million renminbi a year earlier.

Comparable analyst estimates were not readily available.

Shares of the Chinese autonomous driving technology firm were up more than 2% in recent premarket activity.

Price: 8.66, Change: +0.21, Percent Change: +2.49

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10