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EHang Shares Drop After Wider Adjusted Loss, Lower Revenue Posted in Q1
EHang (EH) shares were down over 21% in afternoon trading on Tuesday after the company posted a wider net loss and lower revenue for Q1.The company reported a Q1 adjusted net loss of 1 renminbi (about $0.15) per diluted American depositary share, wider than a loss of 0.42 renminbi a year earlier.Revenue for the quarter ended March 31 was 25.7 million renminbi, down from 26.1 million renminbi a year earlier.Three analysts surveyed by FactSet expected 61.2 million renminbi.For 2026, EHang said it maintained its revenue guidance at 600 million renminbi. Analysts expect revenue of 587.5 million renminbi.Price: $6.86, Change: $-1.86, Percent Change: -21.30%
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