🟢 Hesai Group is trading 5% up today after GAAP profitability continued for a fifth quarter

Hesai Group is trading 5.12% up now at $18.68 as investors reassess its August 18 earnings.

• Second-quarter revenue reached RMB860.8 million.
• Lidar shipments rose 78.4% year over year, while GAAP profitability continued for a fifth quarter.
• Management raised full-year SGI revenue guidance to RMB200 million–RMB300 million; the rebound followed an initially negative earnings reaction despite strong operating results.