EHang Withdraws Outlook After Industry Air Incident Spurs Regulatory Caution
EHang (NASDAQ: EH) Q2 results: Adjusted EPS loss of $0.12 beats estimates, but revenue drops 31.3% YoY to $11.48 million.
EHang made less money this quarter and decided not to say what they expect next, probably because a safety incident in their industry is making regulators more careful. When a company stops predicting the future, it usually means they're worried about what might happen.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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