RoboSense Technology Sells 118,000 LiDAR Products in September

MT Newswires Live10-11

RoboSense Technology (HKG:2498) sold 59,100 LiDAR products, 57,500 LiDAR products for ADAS applications, and 1,600 LiDAR products for robotics in September, a Thursday filing with the Hong Kong Exchange said.

For the third quarter of this year, the company recorded sales volumes of light detection and ranging products, LiDAR products for ADAS applications, and LiDAR products for robotics and others as 138,600, 131,400, and 7,200 units, respectively.

For the nine months that ended Sept. 30, the sales volumes of LiDAR products, LiDAR products for ADAS applications, and LiDAR products for robotics and others were recorded at 381,900, 365,800, and 16,100 units, respectively.

The light detection and ranging products developer's shares were nearly 3% down on Thursday.

Price (HKD): $18.68, Change: $-0.52, Percent Change: -2.71%

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