Lotus Technology Receives Nasdaq Minimum Bid Price Deficiency Notice
Lotus Technology Inc. has been notified by Nasdaq that it is not in compliance with the exchange's minimum bid price requirement.
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Lotus Technology H1 EPS $(0.23) Misses $(0.16) Estimate, Sales $268.099M Beat $208.000M Estimate
Lotus Technology (NASDAQ:LOT) reported quarterly losses of $(0.23) per share which missed the analyst consensus estimate of $(0.16) by 43.75 percent. This is a 51.06 percent increase over losses of $(0.47) per share
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Lotus Technology shares are trading higher after the company reported a narrower H1 net loss reflecting strong revenue growth.