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Ecarx Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary

Ecarx Holdings Inc. ECX.OQ reported a quarterly adjusted loss of 94 fen​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -87 fen.  The mean expectation of two analysts for the quarter was for a loss of 28 fen per share. Wall Street expected results to range from -44 fen to -12 fen per share.

Revenue fell 10.2% to CNY1.13 billion from a year ago; analysts expected CNY1.63 billion.

Ecarx Holdings Inc.'s reported EPS for the quarter was a loss of 94 fen​.

The company reported a quarterly loss of CNY310.96 million.

Ecarx Holdings Inc. shares had fallen by 17.6% this quarter and lost 19.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 36.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated hardware & software peer group is also "buy"

Wall Street's median 12-month price target for Ecarx Holdings Inc. is $3.80, about 55.5% above its last closing price of $1.69

This summary was machine generated from LSEG data August 26 at 01:31 p.m. UTC. ​All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.28-0.94Missed
Mar. 31 2025-0.36-0.57Missed
Dec. 31 2024-0.67-0.11Beat
Sep. 30 2024-0.36-1.00Missed

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