Pony AI (HKG:2026) recorded an attributable loss of $50.4 million in the first quarter, compared with $43 million a year prior, according to a Tuesday filing with the Hong Kong bourse.
The autonomous driving technology company's loss per share remained unchanged over the two periods at $0.12.
Revenue surged 145% to $34.3 million from $14 million in the year-ago period, mainly driven by growth in Robotaxi service and intelligent solution revenues.