Latest news with #Q1results
Yahoo
24-05-2025
- Automotive
- Yahoo
Bernstein Raises XPeng (XPEV) Target to $19 After 330% YoY Delivery Surge
Following the company's Q1 release, a team of Bernstein analysts, led by Eunice Lee, raised their price target for XPeng Inc. (NYSE:XPEV) shares from $18 to $19 while maintaining a Market Perform on the stock on May 22. According to the firm, Xpeng's Q2 guidance was consistent with the facelifts of the G6 and G9, M03 Max, and G7, which are expected to maintain momentum. While it reflected a slight 1.8% drop from the previous quarter, XPeng's first-quarter revenue of RMB 15.8 billion represented a 141.5% boost over the same period last year. Largely driven by the robust performance of its MONA M03 and P7+ models, the company managed to deliver 94,000 units during the quarter, a whopping 330.8% increase year-over-year and a 2.7% increase quarter-over-quarter. In terms of total revenue, XPeng Inc. (NYSE:XPEV) anticipates between RMB 17.5 billion and RMB 18.7 billion for the second quarter of 2025, which implies an increase of 116% to 131% year-over-year. In addition, the EV manufacturer's estimated sales volume is expected to fall somewhere between 102,000 and 108,000 units, representing a 238% to 258% boost year-over-year. While we acknowledge the potential of XPEV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XPEV and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and Disclosure: None.
Washington Post
22-05-2025
- Business
- Washington Post
Galmed Pharmaceuticals: Q1 Earnings Snapshot
RAMAT GAN, Israel — RAMAT GAN, Israel — Galmed Pharmaceuticals Ltd. (GLMD) on Thursday reported a loss of $1.1 million in its first quarter. On a per-share basis, the Ramat Gan, Israel-based company said it had a loss of 62 cents. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GLMD at
Zawya
16-05-2025
- Business
- Zawya
TAQA Arabia's consolidated profits up 32% YoY in Q1 2025
Egypt - TAQA Arabia reported a 32% year-on-year (YoY) increase in consolidated net profits after tax in the first quarter (Q1) of 2025, according to a filing on May 9th. The company earned net profits of EGP 136.079 million in the January-March period, compared to EGP 102.776 million over the corresponding period of 2024. Revenues grew 50% YoY to EGP 5.378 billion from EGP 3.576 billion. As for standalone financials, the company saw a 11% yearly drop in net profits after tax in Q1 2025, reaching EGP 155.162 million from EGP 174.849 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
16-05-2025
- Business
- Zawya
Saudi: SISCO Holding turns profitable in Q1-25; dividends proposed
Riyadh - Sustained Infrastructure Holding Company (SISCO Holding) recorded net profits of SAR 24.70 million in the first quarter (Q1) of 2025, shifting from net losses worth SAR 21.10 million in Q1-24. The revenue surged by 27.63% to SAR 328.80 million in the January-March 2025 period from SAR 257.60 million in Q1-24, according to the financial results. The earnings per share (EPS) stood at SAR 0.30 in the first three months (3M) of 2025, against a loss per share of SAR 0.26 in the same period a year ago. Quarter-on-quarter (QoQ), the net profits in Q1-25 rose by 27.97% from SAR 19.30 million in Q4-24, while the revenue decreased by 6.74% from SAR 352.60 million. Dividends The board members of SISCO Holding recommended distributing cash dividends amounting to SAR 65.28 million, equivalent to 8% of the capital, for 2024. The Saudi company will pay SAR 0.80 per share for 81.60 million eligible shares. Meanwhile, the eligibility and payment dates will be announced at a later time. It is worth noting that in 2024, SISCO achieved a 13.70% year-on-year (YoY) growth in adjusted gross profit that reached SAR 641.40 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
16-05-2025
- Business
- Zawya
Saudi Chemical announces lower profits at $22mln in Q1-25
Riyadh - The net profits of Saudi Chemical Company hit SAR 82.33 million in the first quarter (Q1) of 2025, reflecting an annual decrease of 9.97% from SAR 91.45 million. The revenues stood at SAR 1.643 billion in the first three months (3M) of 2025, down 0.07% year-on-year (YoY) from SAR 1.644 billion, according to the financial results. The earnings per share (EPS) declined to SAR 0.10 in Q1-25 from SAR 0.11 in the same period a year earlier. On a quarterly basis, the net profits in Q1-25 jumped by 58.54% from SAR 51.93 million in Q4-24, while the revenues retreated by 6.69% from SAR 1.76 billion. As of 31 December 2024, the net profits of Saudi Chemical hiked by 59.21% YoY to SAR 291.20 million from SAR 182.90 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
