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Hesai Gr (NASDAQ:HSAI) released second-quarter financial results and hosted an earnings call on Tuesday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data and
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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.
U.S. stocks rose Thursday; Summit Therapeutics jumped 10.1% after Phase III results, while Snowflake and other stocks rallied.
U.S. stock futures were lower this morning, with the Dow futures falling around 0.2% on Monday. Shares of Pinterest, Inc. (NYSE:PINS) fell sharply in pre-market trading following the announcement that CFO Julia Brau
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