China's Hesai Group (HSAI) reported Q4 non-GAAP earnings late Monday of 1.26 renminbi ($0.17) per diluted share, compared with a 0.79 renminbi loss a year earlier.
One analyst polled by FactSet expected earnings of 1.42 renminbi.
Net revenue for the quarter that ended Dec. 31 was 719.8 million renminbi, up from 561.2 million renminbi a year earlier.
Two analysts surveyed by FactSet expected 728.9 million renminbi.
The company expects Q1 net revenue of between 520 million renminbi and 540 million renminbi.
The company expects full-year 2025 revenue of 3 billion renminbi to 3.5 billion renminbi. Analysts polled by FactSet expect 3.36 billion renminbi.
Shares of the company traded 12% lower in after-hours activity.