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Hesai Gr (NASDAQ:HSAI) reported quarterly earnings of $0.01 per share. This is a 85.71 percent decrease over earnings of $0.07 per share from the same period last year. The company reported $126.870 million in sales
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Hesai Group (HSAI) is expanding its lidar market presence through new automotive and robotics design wins, with Q2 2026 revenues reaching $126.9 million and Q3 guidance of $162-$169 million. However, the company faces headwinds from declining gross margins (40.1% in Q2 vs. 42.5% prior year) due to lower-margin product mix and a low return on equity of 5.5. The stock is rated a Hold with a Zacks Rank #3.
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https://techcrunch.com/2026/08/21/us-government-lab-is-probing-chinese-lidar-for-security-vulnerabilities/