Polestar delays release of FY 2023 results for a second time

seekingalpha05-01

Polestar (NASDAQ:PSNY) disclosed on Tuesday that it will delay the release of its annual earnings report for 2023 for a second time. Shares of the Chinese-backed Swedish electric vehicle maker fell ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2432914532?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1338679991/image_1338679991.jpg","is_english":true,"pubTime":"2024-05-01 06:04","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2432914532","market":"hk","top_or_hot":-1,"title":"Polestar delays release of FY 2023 results for a second time","media":"seekingalpha","content":"<div>\n<p>Polestar (NASDAQ:PSNY) disclosed on Tuesday that it will delay the release of its annual earnings report for 2023 for a second time.  Shares of the Chinese-backed Swedish electric vehicle maker fell ...</p>\n\n<a href=\"https://seekingalpha.com/news/4096917-polestar-delays-release-of-fy-2023-results-for-a-second-time\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Polestar delays release of FY 2023 results for a second time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPolestar delays release of FY 2023 results for a second time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-01 06:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4096917-polestar-delays-release-of-fy-2023-results-for-a-second-time><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Polestar (NASDAQ:PSNY) disclosed on Tuesday that it will delay the release of its annual earnings report for 2023 for a second time.  Shares of the Chinese-backed Swedish electric vehicle maker fell ...</p>\n\n<a href=\"https://seekingalpha.com/news/4096917-polestar-delays-release-of-fy-2023-results-for-a-second-time\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSNY","symbol_name":"极星汽车","start_time":0,"source_url":"https://seekingalpha.com/news/4096917-polestar-delays-release-of-fy-2023-results-for-a-second-time","article_id":"2432914532","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1338679991/image_1338679991.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432914532","pubTimestamp":1714514640,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Polestar  disclosed on Tuesday that it will delay the release of its annual earnings report for 2023 for a second time.  Shares of the Chinese-backed Swedish electric vehicle maker fell 10% in extended trading.  According to the company, additional time is required to evaluate certain errors in historical 2021 and 2022 accounts. Due to historical errors, Polestar  expects net loss to decrease by less than 5% for 2021 and increase by less than 5% for 2022.  The company added it needs additional time to complete the work related to management’s assessment of internal control over financial reporting as per the Sarbanes-Oxley Act of 2002.  Polestar  had earlier announced a delay in the publication of its 2023 financial results in late February to meet compliance standards. Earlier in April, the EV maker said that it delivered about 7,200 cars in the first quarter, including 1,200 Polestar 4 in China.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSNY":"极星汽车","BK4099":"汽车制造商"},"translate_title":"Polestar第二次推迟发布2023财年业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PSNY":1},"content_text":"Polestar (NASDAQ:PSNY) disclosed on Tuesday that it will delay the release of its annual earnings report for 2023 for a second time.  Shares of the Chinese-backed Swedish electric vehicle maker fell 10% in extended trading.  According to the company, additional time is required to evaluate certain errors in historical 2021 and 2022 accounts. Due to historical errors, Polestar (PSNY) expects net loss to decrease by less than 5% for 2021 and increase by less than 5% for 2022.  The company added it needs additional time to complete the work related to management’s assessment of internal control over financial reporting as per the Sarbanes-Oxley Act of 2002.  Polestar (PSNY) had earlier announced a delay in the publication of its 2023 financial results in late February to meet compliance standards. Earlier in April, the EV maker said that it delivered about 7,200 cars in the first quarter, including 1,200 Polestar 4 in China.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.5","shortVersion":"4.22.5","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432914532"}