Kandi Technologies Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
Kandi Technologies Group, Inc. - Ordinary Shares (KNDI)
US:NASDAQ Investor Relations:
en.kandivehicle.com/investornews.aspx?classid=3
Company Research
Source: Yahoo! Finance
New Leadership to Drive Technology Innovation and Expand Growth, Boosting Market Edge and Launching a Fresh Chapter for the Company JINHUA, China, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the third quarter of 2024. Third Quarter and Nine Months 2024 Financial Highlights Q3 revenues decreased to $29.9 million, from $36.4 million in the same period of 2023. Nine-month revenues of $89.8 million slipped 5.7% year-over-year. Off-road vehicles and associated parts in Q3 were the primary source of revenue, decreasing by 9.2% y/y to $27.5 million, compared to $30.2 million in the same period of 2023. Nine-month revenue from off-road vehicles and associated parts decreased by 1.0% y/y to $81.5 million, compared to $82.3 million in the same period of 2023. Nine-month net loss was $1.8 million, or $0.02 loss per fully diluted share, compared to a net income of $6.3
Show less
Read more
Impact Snapshot
Event Time:
KNDI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KNDI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KNDI alerts
High impacting Kandi Technologies Group, Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
KNDI
News
- Kandi Technologies Appoints New CEO for SC AutosportsGlobeNewswire
- Kandi Technologies Group Third Quarter 2024 Earnings: US$0.048 loss per share (vs US$0.011 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Kandi Technologies Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- Kandi Technologies to Report Third Quarter 2024 Financial Results and Hold a Conference Call on November 18, 2024GlobeNewswire
- Kandi Technologies’ Board Approves Several Major Initiatives and New Management’s 2025-2029 Projected Growth PlanGlobeNewswire
KNDI
Sec Filings
- 11/18/24 - Form 6-K
- 11/13/24 - Form 6-K
- 10/11/24 - Form 6-K
- KNDI's page on the SEC website