Niu Technologies Beats Revenue Estimates; Provides Q1 Outlook

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  • Niu Technologies press release (NIU): Q4 GAAP EPADS of -$0.16.
  • Revenue of $96.7 million, down 17.4% year over year, exceeded estimates by $5.65 million.
  • The company sold 172,763 e-scooters, a 23.8% decrease compared to the previous year.
  • E-scooter sales in China totaled 158,782 units, down 12.9% year over year.
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