NIO (NYSE:NIO) reported quarterly losses of $(0.43) per share which missed the analyst consensus estimate of $(0.42) by 2.38 percent. This is a 10.26 percent decrease over losses of $(0.39) per share from the same period last year. The company reported quarterly sales of $2.70 billion which missed the analyst consensus estimate of $2.85 billion by 5.28 percent. This is a 12.06 percent increase over sales of $2.41 billion the same period last year.
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