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Niu Technologies Q1 2024 Earnings Report

Niu Technologies logo
$1.93 +0.03 (+1.58%)
As of 04:00 PM Eastern

Niu Technologies EPS Results

Actual EPS
-$0.10
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Niu Technologies Revenue Results

Actual Revenue
$69.91 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Niu Technologies Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Niu Technologies Earnings Headlines

Niu Technologies sold 924,340 units worldwide in FY24
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Niu Q4, FY24 Sales Volume Increases; Stock Up In Pre-market
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About Niu Technologies

Niu Technologies (NASDAQ:NIU) designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally. The company offers RQi, NQi, MQi, SQi, UQi, F, and Gova series smart electric scooters, motorcycles, mopeds, and bicycles; KQi series kick-scooters; BQi series e-bikes; and Niu Aero Sports Bicycles. It also provides accessories and spare parts under the NIU brand name comprising scooter accessories, such as raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, and locks; lifestyle accessories, which includes T-shirts, coats, jeans, hats, bags, jewelry, notebooks, badges, key chain, and mugs; and performance upgrade components consisting of upgraded wheels, shock absorbers, brake calipers, and carbon fiber body panels. In addition, the company operates NIU app, which provides online repair request, service station locator, theft reporting, smart check, smart services, scooter status, historical riding data, and key diagnostics, as well as NIU cover, which provides insurance services. It sells and services its products through city partners and franchised stores, distributors, third-party e-commerce platforms, and its online store. The company was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.

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