Hesai: Results Are Mixed, With A Negative Top-Line Surprise And Bottom-Line Beat
Hesai(HSAI) Seeking Alpha·2024-08-20 21:30
Chesky_W My Hold rating for Hesai Group's (NASDAQ:HSAI) shares stays unchanged. There is a mix of positives and negatives for HSAI, considering read-throughs from its results and guidance. On one hand, the company might have a good chance of becoming profitable in the next quarter or two. On the other hand, Hesai's top-line outlook is uninspiring, as seen with its Q3 revenue guidance miss. I wrote about Hesai Group's full-year FY 2024 guidance and geopolitical risks in my previous April 10, 2024, articl ...