Hesai Group (HSAI) reported Q2 non-GAAP earnings Tuesday of 0.08 Chinese renminbi ($0.01) per diluted share, up from 0.07 renminbi a year earlier.
Net revenue for the quarter ended June 30 was 860.8 million renminbi, compared with 706.4 million renminbi a year earlier.
Analysts polled by FactSet expected 856.1 million renminbi.
For Q3, the company expects net revenue of 1.10 billion renminbi to 1.15 billion renminbi. Analysts expect 1.17 billion renminbi.
Hesai Group shares were down 3.7% in premarket activity.
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