Shares of Hesai Group (HSAI) fell about 9% on Tuesday after the LiDAR maker posted higher revenue and record shipments but reported weaker gross margins and a smaller-than-expected improvement in profitability. The autonomous driving supplier reported first-quarter revenue
Shares of Hesai Group (HSAI) fell about 9% on Tuesday after the LiDAR maker posted higher revenue and record shipments but reported weaker gross margins and a smaller-than-expected improvement in profitability.
The autonomous driving supplier reported first-quarter revenue of RMB680.6
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