Kandi Technologies Group Third Quarter 2024 Earnings: US$0.048 loss per share (vs US$0.011 profit in 3Q 2023)

Simply Wall St.11-20 18:46

Kandi Technologies Group (NASDAQ:KNDI) Third Quarter 2024 Results Key Financial Results Revenue: US$29.9m (down 18% from 3Q 2023). Net loss: US$4.11m (down from US$868.9k profit in 3Q 2023). US$0.048...

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All figures shown in the chart above are for the trailing 12 month  period. Kandi Technologies Group shares are down 12% from a week ago.Every company has them, and we've spotted   3 warning signs for Kandi Technologies Group   (of which 1 makes us a bit uncomfortable!","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"KNDI":"康迪车业"},"translate_title":"康迪科技集团2024年第三季度收益：每股亏损0.048美元（2023年第三季度利润0.011美元）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KNDI":1},"content_text":"Kandi Technologies Group (NASDAQ:KNDI) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$29.9m (down 18% from 3Q 2023).\nNet loss: US$4.11m (down from US$868.9k profit in 3Q 2023).\nUS$0.048 loss per share (down from US$0.011 profit in 3Q 2023).\n\n\n\n\n  NasdaqGS:KNDI Earnings and Revenue History November 20th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\n Kandi Technologies Group shares are down 12% from a week ago. \nRisk Analysis\n What about risks? Every company has them, and we've spotted   3 warning signs for Kandi Technologies Group   (of which 1 makes us a bit uncomfortable!) you should know about. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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