NIO Q1 2021 Earnings – Overall Profitability Is Finally in Sight

NIO Q1 2021 Earnings – Overall Profitability Is Finally in Sight

3 years ago
Anonymous $OlGJJXacOb

https://wccftech.com/nio-q1-2021-earnings-overall-profitability-is-finally-in-sight/

NIO (NYSE:NIO) has reported strong earnings for the first quarter of 2021 despite the ongoing global chip shortage and the attendant slowdown in production.

For the three months that ended on the 31st of March 2021, NIO earned $1.2183 billion in revenue, exceeding consensus expectations by 14.93 percent and corresponding to annual growth of over 481.8 percent.

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