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RoboSense Technology Projects Significant Revenue Growth and Reduced Losses for 2024

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RoboSense Technology Company., Ltd ( (HK:2498) ) just unveiled an announcement.

RoboSense Technology Co., Ltd has announced a significant increase in revenue for the year ending December 31, 2024, with expected revenues ranging from RMB1,630 million to RMB1,670 million, marking a growth of approximately 45.5% to 49.1% compared to 2023. The company also anticipates a substantial reduction in net loss, attributed to improved gross margins for LiDAR products, reduced share-based compensation, and changes in financial instruments. The results are yet to be finalized, and stakeholders are advised to exercise caution.

More about RoboSense Technology Company., Ltd

RoboSense Technology Co., Ltd is a company that operates in the technology sector, primarily focusing on the development and sale of LiDAR products. These products are used in applications such as Advanced Driver Assistance Systems (ADAS).

YTD Price Performance: 59.93%

Average Trading Volume: 24,691,259

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$22.29B

Find detailed analytics on 2498 stock on TipRanks’ Stock Analysis page.

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