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EHang press launch (NASDAQ:EH): This fall Non-GAAP EPS of -$0.02. Income of $8M. Whole revenues have been RMB56.6 million, representing a considerable enhance of 260.9% from RMB15.7 million within the fourth quarter of 2022, and a notable enhance of 97.8% from RMB28.6 million within the third quarter of 2023. Gross margin was 64.7%, representing a persistently excessive gross margin stage with a slight lower of 1.4 share factors in comparison with 66.1% within the fourth quarter of 2022, however on par with 64.6% within the third quarter of 2023. Money, money equivalents, short-term deposits, short-term investments and restricted short-term deposits balances have been RMB334.1 million (US$47.1 million) as of December 31, 2023. Inventory up 2.72% on Friday pre-market.
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