Hesai Group

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Hesai Group excels in Q4, eyes global expansion and margin growth

Hesai Group's strong Q4 performance and successful IPO reflect robust growth and market acceptance.
Challenges ahead include margin pressures from increased ADAS sales and potential slowdown in Q1 ADAS units.
Opportunities lie in securing global OEM deals, expanding market presence, and shifting revenue split towards ADAS.
Overall, Hesai Group is well-positioned for growth with strategic partnerships and innovative LiDAR product offerings.

Hesai Group reports record revenue growth and navigates LiDAR challenges

Hesai Group's Q1 2023 performance reflects strong revenue growth and market leadership in LiDAR technology, with a positive outlook for increased shipments and product innovation.
Challenges include pricing pressures from declining ASP, evolving EV competition impacting feature integration, and the need to balance innovation with product longevity.
Opportunities lie in leveraging LiDAR for competitive advantage, expanding market presence in China's EV sector, and advancing R&D for enhanced product performance and cost efficiency.

Hesai Group reports record Q2 earnings, eyes market leadership

Hesai Group's Q2 2023 performance reflects exceptional growth in revenues and LiDAR shipments, positioning the company as a market leader.
While facing short-term margin pressure and OEM scrutiny, Hesai's strategic partnerships and product enhancements present significant growth opportunities.
Anticipated growth in shipments, stable gross margins, and a focus on safety standards underscore Hesai's strong market position and future potential.

Hesai Group excels in Q3, eyes global expansion and tech innovation

Hesai Group's Q3 performance exceeded expectations with strong revenue growth and margin maintenance.
The company's focus on innovation, partnerships, and quality positions it well for future growth.
Challenges in price competition and OpEx increase are being addressed strategically.
Opportunities lie in expanding margins, advanced technology adoption, and global market expansion.

Hesai Group reports strong Q4 earnings, eyes global LiDAR growth

Hesai Group's Q4 2023 earnings call highlighted robust financial performance, key partnerships, and technological advancements in LiDAR technology. Despite challenges related to the U.S. DoD dispute, the company remains focused on achieving profitability through cost management and operational efficiency. With a focus on ADAS applications and global OEM partnerships, Hesai anticipates strong revenue growth and increased demand for its products.

Hesai Group surpasses Q1 forecasts, eyes robotaxi revenue surge

Hesai Group's Q1 2024 Earnings Call showcased strong financial performance, strategic product introductions, and key partnerships. The company aims for significant revenue growth, exceeding LiDAR shipment targets, and advancing in the autonomous driving sector. Challenges include addressing competition, optimizing costs, and scaling strategies amidst industry developments.

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Hesai Group engages in the development, manufacture and sale of three-dimensional light detection and ranging(lidar) solutions. The company’s lidar products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems (ADAS) and autonomous vehicle fleets. It operates through the Light Detection and Ranging (LiDAR), and Gas Detection segments. Hesai Group was founded by Yi Fan Li, Kai Sun, and Shao Qing Xiang in October 2014 and is headquartered in Shanghai, China.

Ouster, Inc

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, announced today that it has filed a patent infringement complaint with the U.S.

Ouster Files Patent Infringement Complaint with ITC Against Hesai and Seeks to Bar the Infringing Products from the United States

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI) in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased or otherwise acquired Hesai securities in connection with Hesai Group's February 2023 IPO (the “Class Period”).

HESAI ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Hesai Group and Encourages Investors to Contact the Firm

Did you lose money on investments in Hesai Group? If so, please visit Hesai Group Shareholder Class Action Lawsuit or contact  Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.

HESAI GROUP (NASDAQ: HSAI) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Hesai Group (NASDAQ: HSAI)

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Hesai business and prospects, resulting in its stock trading at inflated prices.

INVESTOR DEADLINE: Hesai Group Investors with Substantial Losses Have Opportunity to Lead the Hesai Class Action Lawsuit – HSAI

LOS ANGELES--(BUSINESS WIRE)---- $HSAI #HSAI--The Schall Law Firm Encourages Investors in Hesai Group with Losses of $100,000 to Contact the Firm

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Hesai Group with Losses of $100,000 to Contact the Firm

SAN DIEGO--(BUSINESS WIRE)---- $HSAI #HSAI--Hesai Group (HSAI) Failed to Disclose that Margins Might Decrease Because of a Lower "In-House Plant Capacity Utilization Rate"

Investor Alert: Robbins LLP Informs Investors of Class Action Against Hesai Group (HSAI)

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Hesai Group (NASDAQ: HSAI) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Hesai's February 2023 initial public offering (the “IPO”). The lawsuit seeks to recover damages for Hesai investors under the federal securities laws.

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Hesai Group – HSAI

NEW YORK , April 5, 2023 /PRNewswire/ --  WHY:  Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hesai Group (NASDAQ: HSAI) resulting from allegations that Hesai may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Hesai securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

HSAI INVESTOR NEWS: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation - HSAI

SHANGHAI , April 5, 2023 /PRNewswire/ -- Recently, Hesai Technology (NASDAQ: HSAI) passed the highest assessment level (AL3) of TISAX (Trusted Information Security Assessment Exchange). As one of the "information security entry permits" of the German auto supply chain, this assessment shows that Hesai has reached the highest standard in the European automotive industry, capable of providing safe and reliable services to OEM customers.

Hesai Reaches European Automotive Industry's Top Information Security Management Standard TISAX AL3

NEW YORK , March 25, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hesai Group (NASDAQ: HSAI) resulting from allegations that Hesai may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Hesai securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

HSAI INVESTOR NOTICE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation - HSAI

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Hesai Group (HSAI) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI) investors concerning the Company's possible violations of federal securities laws. In February 2023, Hesai conducted its initial public offering, selling 10 million American Depository Receipts (“ADRs”) at $19.00 per ADR. The next month, on March 16, 2023, Hesai announced its unaudited fourth quarter and full year 2022 financial results.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Hesai Group (HSAI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. In February 2023, Hesai conducted its initial public offering, selling 10 million American Depository Receipts (“ADRs”) at $19,00 per ADR.

The Law Offices of Frank R. Cruz Announces Investigation of Hesai Group (HSAI) on Behalf of Investors

SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces an investigation into potential violations of U.S. federal securities laws by Hesai Group (NASDAQ: HSAI) focused on whether Hesai Group and certain of its top executive officers made false and misleading statements and/or failed to disclose material information to investors.

HSAI INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into Hesai Group and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $HSAI #HSAI--The Schall Law Firm Announces it is Investigating Claims Against Hesai Group and Encourages Investors with Losses to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Hesai Group and Encourages Investors with Losses to Contact the Firm

Cepton

AEye

First look at Hesai – the Chinese company impresses with volumes but is not worth the headache as an investment. Despite the relationship between Cepton, GM, and Koito, the sale of equity to support the cash runway is too damaging to the stock.

Bottom Of The Lidar Barrel: Companies To Avoid

NEW YORK , March 18, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hesai Group (NASDAQ: HSAI) resulting from allegations that Hesai may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Hesai securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

HSAI INVESTOR NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation - HSAI

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Hesai Group and Encourages Investors with Losses to Contact the Firm

Hesai Group (NASDAQ:HSAI ) Q4 2022 Earnings Conference Call March 15, 2023 9:00 PM ET Company Participants Rachel Yang - Vice President of Operations David Li - CEO Louis Hsieh - Global CFO Conference Call Participants Olivia Xu - Goldman Sachs Tim Hsiao - Morgan Stanley Bin Wang - Credit Suisse Paul Gong - UBS Operator Hello, ladies and gentlemen. Thank you for standing by for the Fourth Quarter and Full Year 2022 Earnings conference call for Hesai Group.

Hesai Group (HSAI) Q4 2022 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hesai Group (NASDAQ: HSAI) resulting from allegations that Hesai may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Hesai securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

HSAI INVESTOR NOTICE: ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation – HSAI

Quarterly Net revenues were RMB409.2 million (US$59.3 million) 1 , an increase of 56.6% year-over-year Quarterly LiDAR shipments were 47,515 2 units, an increase of 739.2% year-over-year Full Year 2022 Net revenues were RMB1,202.7 million (US$174.4 million), an increase of 66.9% year-over-year Full Year 2022 LiDAR shipments were 80,462 units, an increase of 467.5% year-over-year

Hesai Group Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

- Earnings Call Scheduled for 9:00 p.m. ET on March 15, 2023 - - Earnings Call Scheduled for 9:00 p.m. ET on March 15, 2023 -

Hesai Group to Report Fourth Quarter and Full Year 2022 Financial Results on Wednesday, March 15, 2023

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Hesai Group. Hesai (NASDAQ: HSAI) is a provider of three-dimensional light detection and ranging (LiDAR) solutions. The Company's LiDAR products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems, autonomous vehicle fleets, as well as applications in robotics.

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Hesai Group

Chinese sensor maker Hesai Group's shares closed 10.8% percent higher on their first day of trade in New York after it raised $190 million in an upsized initial public offering (IPO), the largest U.S. deal by a mainland Chinese company in more than a year.

Hesai Group rises in U.S. IPO, biggest for Chinese firm since 2021

Investors include Baidu, Xiaomi, Bosch, Lightspeed

News for Hesai Group Stock (HSAI)