HSAI Earnings Prediction
The chart below shows how HSAI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HSAI sees a -14.23% change in stock price 10 days leading up to the earnings, and a +27.05% change 10 days following the report. On the earnings day itself, the stock moves by -0.19%. This data can give you a slight idea of what to expect for the next quarter's release.
HSAI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
539.42M
21.06%
17.56%
Gross Margin
47.74%
56.27%
5.92%
Operating Margin
-14.32%
-61.85%
-31.38%
Net Margin
-13.04%
-59.02%
-16.94%
EPS
-0.54
-52.21%
-3.57%
No Data Available
HSAI Earnings Analysis
Hesai Group American Depositary Share, each ADS represents one Class B ordinary share Corporation (HSAI.O) Earnings Conference Call
Positive
Revenue Guidance Surpassed: We surpassed the high end of our revenue guidance for the third quarter, delivering net revenue of RMB 539.4 million and maintaining a strong growth trajectory.
LIDAR Adoption Acceleration: We also continue to accelerate LIDAR adoption among our customers, delivering a total of over 134,000 units during the third quarter, marking our second consecutive quarter of nearly 50% growth.
Projected Revenue Milestone: Fueled by powerful trends and exceptional financial performance, we are moving full speed ahead towards a monumental goal, a projected revenue of $100 million with an estimated net profit of $20 million for the fourth quarter alone.
Profitability Milestone Achievement: We are now projecting full-year profit ability on a non-GAAP basis for 2024, making us the first automotive LIDAR company worldwide to reach this remarkable milestone.
Narrowing Net Loss Trend: Our quarterly GAAP net loss has narrowed for four consecutive quarters, reflecting our commitment to operational efficiency and financial discipline.
Negative
Third Quarter Revenue Performance: Net revenue for the third quarter was RMB 539.4 million, which is below the high end of the revenue guidance.
Operating Expenses Analysis: Operating expenses grew by only 10% year over year, indicating a lack of operational leverage despite strong revenue growth.
Narrowing GAAP Net Loss: The GAAP net loss has narrowed for four consecutive quarters, but the company still reported a loss, reflecting ongoing financial challenges.
Gross Margin Decline Anticipated: The company anticipates a decline in normalized gross margin for Q4, which could impact profitability moving forward.
OpEx Concerns for Growth: The expected OpEx for Q4 is around RMB 250 million, which may not support the anticipated revenue growth, indicating potential cost management issues.
HSAI FAQs
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HSAI Earning Call Sentiment
Hesai Group (HSAI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
HSAI.O
6.05%Positive
The earnings call summary indicates strong financial performance with increased revenue and narrowed losses. The guidance is optimistic, projecting profitability in Q4 2024 and full year 2025. Despite competitive pressures and regulatory issues, the company has secured significant design wins and has a solid market strategy. The Q&A section reveals management's confidence in achieving profitability and managing expenses. Overall, the company's strategic positioning and financial outlook suggest a positive stock price movement over the next two weeks.
