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Decrease in Loss Per Share to US$0.099 from US$0.13 in 3Q 2023


Feb 11, 2024

Senmiao Technology (NASDAQ:AIHS) reported its third-quarter 2024 results, showing a decrease in revenue to US$1.62m, down 7.0% from the same period in 2023. The company also reported a net loss of US$934.0k, which narrowed by 3.8% from the third quarter of 2023. The loss per share improved to US$0.099 from US$0.13 in 3Q 2023. These figures are for the trailing 12 month (TTM) period.

Senmiao Technology shares are down 2.3% from a week ago, leading to caution in investment analysis. The company is showing 5 warning signs, with 4 of those being concerning. It’s important to be aware of these risks when considering investment in this company.

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