Earnings News

4 weeks ago

Xiaomi Reports Q3 2024 Revenue of $12.7 Billion

Xiaomi's Q3 2024 results show record revenue growth, driven by EV sales and strong performance across its smartphone and IoT segments.

Apple Earnings EV R&D

MapmyIndia and Hyundai Autoever Establish Joint Venture

MapmyIndia announces a joint venture with Hyundai Autoever for map-based solutions in Southeast Asia, targeting multimillion-dollar revenues over the next five years.

Earnings MapmyIndia JVs

Nissan Shares Drop Over 10% Following Quarterly Results

Nissan reports significant profit decline and reduced production capacity, leading to a 10% drop in shares and changes in executive pay structures.

Earnings Nissan

Rivian Adjusts Earnings Forecast Following Q3 Revenue Miss

Rivian Automotive revises its annual earnings guidance after reporting lower than expected third-quarter revenue and losses, attributing it to production disruptions.

Earnings Rivian

Earnings Lucid Motors Manufacturing

Lucid Group Reports Third-Quarter Financial Performance

Lucid Group's third-quarter results show slight revenue increase, but widening losses and rising costs raise concerns ahead of new SUV production plans.

Nio to Release Q3 2024 Financial Results on November 20

Nio will announce its Q3 2024 unaudited financial results on November 20, with an earnings call scheduled for the same day before U.S. markets open.

Toyota Reports Decline in Q2 Operating Profit

Toyota's Q2 operating profit fell nearly 20%, missing analyst expectations, as the company faces challenges in adapting to the shift towards electric vehicles.

Earnings EV Toyota

Li Auto Reports Strong Q3 but Lowers Q4 Guidance

Li Auto's Q3 revenue reached RMB 42.9 billion, surpassing estimates, yet Q4 guidance raises investor concerns regarding future performance.

Earnings Li Auto

Stellantis Reports 27% Revenue Decline in Q3 2023

Stellantis has reported a 27% drop in third-quarter revenues, attributing this to reduced shipments and ongoing inventory management efforts.

Earnings EV Stellantis

BYD Reports Higher Quarterly Revenue Than Tesla for Q3

BYD's third-quarter revenue surpassed Tesla's amid growing competition in China's EV market, while Tesla maintained a higher net profit during the same period.

BYD Earnings EV Tesla

Carvana Updates 2024 Earnings Guidance Following Q3 Results

Carvana forecasts higher 2024 EBITDA, exceeding prior estimates. The company reports strong Q3 performance with improved retail vehicle sales anticipated in Q4.

BYD Reports Record Q3 Revenue and Net Income Growth

BYD achieves record Q3 revenues of $28.2 billion, surpassing Tesla. Net income rises 11.47% year-on-year to $1.63 billion amid strong vehicle sales.

BYD Earnings EV Tesla

Ford Motor Prepares to Announce Q3 Earnings Results

Ford anticipates a revenue increase and adjusted EPS rise, aiming to recover from previous earnings misses amid competitive pressure.

Earnings Ford

Tesla Reports Q3 Revenue Below Analyst Expectations

Tesla's Q3 revenue reached $25.18 billion, falling short of forecasts, while EPS and gross margins exceeded expectations, reflecting a mixed performance in the automotive sector.

Earnings Tesla

Earnings Manufacturing Tesla

Tesla Reports Q3 2024 Earnings with Profit Growth

Tesla's Q3 2024 results indicate profit exceeded forecasts, while revenue fell short, amidst increased vehicle deliveries and upcoming affordable models.

Inside EVs

SoundHound AI Schedules Q3 2024 Financial Results Announcement

SoundHound AI will report its Q3 2024 financial results on November 12, followed by a conference call for detailed analysis.

Earnings Teletrac Navman Vontier

Teletrac Navman Appoints New Chief Operations and Financial Officer

Teletrac Navman announces the appointment of Ricardo Buranello as CFO and COO, bringing extensive operational and financial experience to the leadership team.

Teletrac Navman

ABAX Group Reports Q1 2023 Financial Performance

ABAX Group's Q1 2023 results highlight revenue growth and operational efficiency, with a 6% increase in revenue and a notable rise in cash flow.

ABAX Reports 5% MRR Growth in Q4 Financial Results

ABAX achieved 5% MRR growth and 6% revenue increase in Q4 2022, with an adjusted EBITDA of 71.5 million NOK.

ABAX Reports Q3 2022 Financial Results

ABAX Group's Q3 2022 results show an 11% increase in MRR and a 6% revenue growth compared to Q3 2021, with adjusted EBITDA reaching 66.7 million NOK.

ABAX Reports Solid MRR Growth of 12% in Q2

ABAX achieved 12% MRR growth and 6% revenue increase to 182.7M NOK in Q2, alongside an adjusted EBITDA of 84.7, showcasing continued expansion.

ABAX Group Reports 11% Revenue Growth in Q2 2023

ABAX Group's Q2 2023 results indicate an 11% increase in operational revenue, alongside a successful expansion of its technological offerings across Northern Europe.

ABAX Group Reports Increased Revenues and Improved EBITDA

ABAX Group announces an 11% revenue growth to 799 million NOK and an improved EBITDA of 294 million NOK for fiscal year 2023, driven by organic growth in Nordic markets.

Earnings Element Fleet Management

Element Fleet Management to Redeem Series G Preferred Shares

Element Fleet Management plans to redeem Series G shares on September 30, 2020, enhancing its capital structure and strengthening its investment-grade balance sheet.

element

ZTE Reports Revenue Growth of 0.7% in First Nine Months

ZTE announces revenue of $12.64 billion for January-September 2024, reflecting a year-on-year increase, while net profit and R&D expenses also noted positive trends.

5G Earnings Mobile Data

RCR Wireless News

Helios Technologies Announces Q3 2024 Financial Results Call

Helios Technologies will release its Q3 2024 financial results on November 5, followed by a conference call to discuss performance and strategies.

GM Financial Reports Q3 2024 Operating Results

GM Financial's Q3 2024 net income was $499 million, down from $610 million in Q2 2024, with retail loan originations of $9.4 billion.

Earnings GM

Zeekr to Announce Q3 2024 Financial Results on November 14

Zeekr is set to release its Q3 2024 earnings report, highlighting significant vehicle delivery growth, with a conference call scheduled for November 14.

General Motors to Report Q3 Earnings and Revenue Growth

General Motors is anticipated to report a revenue increase and adjusted earnings rise for Q3, alongside updates on strategic initiatives and funding plans.

Lucid Group CEO Addresses Misinterpretation of Fundraising

Lucid Group's CEO clarifies investors' misunderstandings regarding a recent $1.75 billion capital raise, emphasising its necessity for ongoing operations and strategic growth.

Earnings Lucid Motors

SES AI Schedules 2024 Q3 Earnings Conference Call

SES AI will release its 2024 third quarter earnings on October 31, followed by a conference call to discuss financial results and business updates.

Batteries Earnings R&D

CATL Reports Strong Q3 Net Income and Record Gross Margin

CATL achieved RMB 13.14 billion net income in Q3, marking a 6.32% increase from Q2, alongside a record gross margin of 31.17%, despite lower year-on-year revenue.

Batteries CATL Earnings

Atmus Filtration Technologies Announces Dividend and Q3 Results

Atmus Filtration Technologies declared a $0.05 dividend and scheduled financial results announcement for Q3 2024 on November 8, 2024, followed by a conference call.

Driven Brands to Host Q3 Earnings Call on October 31, 2024

Driven Brands Holdings Inc. will announce Q3 2024 earnings and hold a conference call on October 31, 2024, at 8:30 a.m. ET to discuss performance.

PPG Sells Architectural Coatings Business for $550 Million

PPG has agreed to sell its U.S. and Canada architectural coatings business to American Industrial Partners for $550 million, alongside a comprehensive cost reduction program.

Snap-on Reports Third Quarter 2024 Financial Results

Snap-on Incorporated reports a 1.1% decline in net sales for Q3 2024, with operating earnings at 22.0% of net sales, reflecting varied performance across segments.

Lucid Group Announces Public Offering, Shares Decline

Lucid Group's shares fell over 10% post-announcement of a public offering of 262.5 million shares, aimed at funding capital expenditures and general corporate purposes.

Earnings EV Lucid Motors

Jio Platforms Reports 17.7% Revenue Growth in Fiscal Q2

Jio Platforms achieved $4.43 billion in revenue, marking a 17.7% year-on-year increase, with significant growth in EBITDA and net profits for fiscal Q2 2025.

5G Earnings Mobile Data

RCR Wireless News

Ather Energy Launches New Service Plans for Customers

Ather Energy has introduced Ather Care service plans to address maintenance costs for electric two-wheeler owners, offering tailored options and discounts on parts and services.

Earnings R&D

Aeva Schedules Third Quarter 2024 Results Announcement

Aeva will report its third quarter 2024 results on November 6, 2024, followed by a conference call at 2:00 p.m. Pacific Time.

VSE Corporation Announces Pricing of Public Stock Offering

VSE Corporation has priced its public offering, selling 1.72 million shares at $87 each, to fund its acquisition of Kellstrom Aerospace Group.

Earnings M&A

SRIVARU Launches PRANA 2.0 Vehicle Deliveries

SRIVARU Holding Limited commences deliveries of PRANA 2.0 motorcycles, marking a new revenue phase after receiving CMVR certification to enter India's electric vehicle market.

Earnings eMotors

Cummins Inc. Announces Quarterly Cash Dividend of $1.82

Cummins Inc. has declared a quarterly cash dividend of $1.82 per share, payable on 5 December 2024 to shareholders on record by 22 November 2024.

Cummins Earnings R&D

Cummins

Tesla Records 72,200 Vehicle Sales in China for September

Tesla achieved 72,200 vehicle sales in China during September, contributing significantly to third-quarter performance and reflecting a year-on-year growth in deliveries.

Earnings EV Tesla

Rogers Corporation Announces Q3 2024 Earnings Call Date

Rogers Corporation will release its Q3 2024 results on 24 October, followed by a conference call led by the CEO and Interim CFO.

Earnings Mercedes-Benz Sales

Mercedes-Benz USA Reports Q3 2024 Sales Performance

Mercedes-Benz USA announces Q3 2024 sales of 97,806 vehicles, marking year-over-year growth driven by robust demand and inventory improvements across multiple segments.

Lucid Motors Surpasses Delivery Estimates in Latest Quarter

Lucid Motors reported nearly 3,000 deliveries, exceeding expectations due to strategic discounts and lower financing options, despite a decline in production figures.

Earnings EV Lucid Motors

The Driven

dynaCERT Completes $1Million Non-Brokered Private Placement

dynaCERT Inc. has finalised a fully-subscribed non-brokered offering, raising $1 million for working capital, with securities subject to a four-month hold period.