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Hesai Group Expects Q1 Net Revenues To Be $45.1M-$49.3M, Representing Y/Y Decrease Of 18.6%-25.6%; Projects Return To Revenue Growth In Q2 And Remainder Of 2024

Author: Benzinga Newsdesk | March 11, 2024 05:19pm

As explained in the management remarks, the decrease in first-quarter revenues is primarily attributable to the slow down in the robotaxi business compared to last year. 

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