In F1Q, product revenue increased by 84% year-over-year to $394.4 million, although at 2.3% above the midpoint of guidance, that amounted to the lowest beat since the September 2020 IPO
Is Snowflake Stock a Buy Following Mixed FQ1 Results? Analyst Weighs In
Investors did not seem to initially respond well to the latest quarterly statement from Snowflake (S
As of December 2021, Nio reported cash and equivalents of $8.7 billion. Therefore, there is ample financial flexibility to invest in product development + new model coming up.
Nio Stock Has 77% Upside Potential
The launch of new models and international expansion are growth catalysts for NIO stock