Shares of Kandi Technologies Gr KNDI moved higher by 2.7% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 166.67% over the past year to ($0.08), which missed the estimate of ($0.02).
Revenue of $15,978,000 rose by 150.75% from the same period last year, which missed the estimate of $28,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: May 10, 2021
Time: 08:00 AM
ET Webcast URL: http://public.viavid.com/player/index.php?id=144859
Recent Stock Performance
Company's 52-week high was at $17.45
Company's 52-week low was at $2.90
Price action over last quarter: down 13.60%
Company Description
Kandi Technologies Group Inc is engaged in the development, production, and distribution of electric vehicle (EV) products, EV parts, and off-road vehicle products, primarily in the Chinese market. Other product offerings include all-terrain vehicles, go-karts, utility vehicles, battery packs, motor vehicles, controllers, and air conditioning systems. It generates revenue through EV parts and off-road vehicles. The company generates the majority of its revenue from China, and it also exports Overseas.
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