Niu Technologies Feels the Cost Squeeze As Supply Chain Pressures Hammer Margins
Niu Technologies stock plunged after swinging to a Q2 loss and gross margin contraction, despite a 14.7% rise in revenue.
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Niu Technologies shares are trading lower after the company reported a year-over-year decrease in its Q2 EPS results.
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Niu Techs Sees Q3 Sales $274.572M-$299.627M
Niu Techs (NASDAQ:NIU) sees Q3 sales of $274.572 million-$299.627 million.
Niu Technologies Q2 EPS $(0.19) Down From $0.02 YoY, Sales $212.285M Up From $175.290M YoY
Niu Technologies (NASDAQ:NIU) reported quarterly losses of $(0.19) per share. This is a 1050 percent decrease over earnings of $0.02 per share from the same period last year. The company reported $212.285 million in