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ECARX Holdings (ECX)
NASDAQ:ECX
Earnings Data
Report Date
Jun 16, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.11Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: -69.29%
|Next Earnings Date:Jun 16, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment with significant revenue growth, new project wins, and achieving breakeven EBITDA. However, there were concerns around declining service revenue, software license revenue, and gross margin pressures.Company Guidance
During ECARX's Fourth Quarter and Full Year 2024 Earnings Conference Call, key financial metrics and guidance were discussed, highlighting significant achievements and future expectations. ECARX reported a 4% increase in quarterly revenue and an 18% rise for the full year, with gross margins of 21.2% and 20.8%, respectively. The company achieved breakeven at the EBITDA level in the fourth quarter, with expectations of full-year breakeven in 2025. Total shipments reached a record high of 2 million units, marking a 33% year-over-year increase, with over 700,000 units shipped in the fourth quarter alone. The company secured a new project with Volkswagen Group, expanding its global customer base to 18 automakers across 28 brands. Looking ahead, ECARX is optimistic about achieving positive EBITDA for the full year 2025 and announced a USD 20 million share repurchase program, reflecting confidence in their growth prospects amid the growing prominence of software-defined vehicles.Revenue Growth
Revenue during the quarter and the year was up 4% and 18% respectively with gross margin of 21.2% and 20.8% respectively.
Record Shipments
Total shipments reached a record high of 2 million last year, up 33% year-over-year, with over 700,000 shipped during the fourth quarter alone.
Volkswagen Project Win
Secured a new project with Volkswagen Group, expanding the global customer base to 18 automakers across 28 brands.
Positive EBITDA
Achieved breakeven at EBITDA level during the quarter, with a full year breakeven targeted for 2025.
New Product Launches
Launched several new vehicles and integrated advanced technologies like AutoGPT and Cloudpeak into products, showcasing innovation and expanding market reach.
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ECX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ECX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $2.67 | $2.49 | -6.74% |
| Nov 07, 2024 | $1.83 | $1.84 | +0.55% |
| Aug 08, 2024 | $1.58 | $1.61 | +1.90% |
| May 20, 2024 | $1.48 | $1.31 | -11.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ECARX Holdings (ECX) report earnings?
ECARX Holdings (ECX) is schdueled to report earning on Jun 16, 2025, TBA Not Confirmed.
What is ECARX Holdings (ECX) earnings time?
ECARX Holdings (ECX) earnings time is at Jun 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ECX EPS forecast?
ECX EPS forecast for the fiscal quarter 2025 (Q1) is -0.05.
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