Profile
Sector:
Consumer CyclicalIndustry:
Auto PartsCountry:
ChinaIPO:
09 February 2023Website:
http://www.hesaitech.comNext earnings report:
13 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:49:32 GMTDividend
Analysts recommendations
Institutional Ownership
HSAI Latest News
Chinese lidar manufacturer Hesai plans to sue the U.S. government after the Pentagon reinstated the company on its blacklist of Chinese firms linked to the military, Financial Times reported on Thursday, citing co-founder David Li.
PALO ALTO, Calif. , Oct. 22, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Leapmotor's next-generation vehicle platform.
The U.S. Defense Department removed China-based lidar maker Hesai Group from a list of companies allegedly working with Beijing's military, according to a letter sent to Congress.
SHANGHAI , Oct. 1, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, announced today the signing of a cooperation framework with SAIC Volkswagen. The cooperation will establish a strong foundation for Hesai and SAIC Volkswagen to build a new ecosystem for the automotive industry, with Hesai's advanced lidar products and technology at the core.
HANNOVER, Germany , Sept. 16, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, is launching its powerful new lidar solution OT128 at Europe's biggest commercial vehicle trade fair IAA Transportation in Hannover (booth location: Hall 12, #C71).
Hesai Group (NASDAQ:HSAI ) Q2 2024 Results Conference Call August 19, 2024 9:00 PM ET Company Participants Yuanting Shi - Investor Relations Director David Li - Co-Founder, CEO & Director Conference Call Participants Tim Hsiao - Morgan Stanley Tina Hou - Goldman Sachs Jessie Lo - Bank of America Securities Zhang Yu - Huatai Securities Operator Hello, ladies and gentlemen. Thank you for standing by for Hesai Group's Second Quarter 2024 Earnings Conference Call.
Hesai Group reported narrower operating losses and a better-than-expected bottom-line performance in Q2 2024; the consensus forecasts point to Hesai turning profitable in the third quarter. On the flip side, Hesai's second quarter revenue missed expectations, and a delay in some of its customers' new vehicle launches is likely to hurt its Q3 top line. My Hold rating for Hesai Group is left unchanged, considering its mixed results and prospects.
Quarterly net revenues were RMB458.9 million (US$63.1 million) 1 Quarterly lidar shipments were 86,526 units
SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today released its inaugural Environmental, Social and Governance (ESG) Report (the “Report”). The Report details the Company's strategy and outstanding achievements in ESG performance in 2023, as well as its progress toward its longstanding ESG goals for sustainable development.
SHANGHAI, China, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its second quarter 2024 unaudited financial results on Monday, August 19, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on August 19, 2024 (9:00 AM Beijing/Hong Kong Time on August 20, 2024).
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What type of business is Hesai?
Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. It operates in two segments, LiDAR and Gas Detection. The company also offers gas detection products; and engineering design, development, and validation services. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous vehicle fleets providing passenger and freight mobility services; and other applications, such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is headquartered in Shanghai, China.
What sector is Hesai in?
Hesai is in the Consumer Cyclical sector
What industry is Hesai in?
Hesai is in the Auto Parts industry
What country is Hesai from?
Hesai is headquartered in China
When did Hesai go public?
Hesai initial public offering (IPO) was on 09 February 2023
What is Hesai website?
https://www.hesaitech.com
Is Hesai in the S&P 500?
No, Hesai is not included in the S&P 500 index
Is Hesai in the NASDAQ 100?
No, Hesai is not included in the NASDAQ 100 index
Is Hesai in the Dow Jones?
No, Hesai is not included in the Dow Jones index
When was Hesai the previous earnings report?
No data
When does Hesai earnings report?
The next expected earnings date for Hesai is 13 November 2024