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Benzinga
Benzinga
Business
Adam Eckert

EHang Holdings Stock Is Falling Today: Here's Why

Ehang.CourtesyEhang.1750853706526043

EHang Holdings Ltd (NASDAQ:EH) reported second-quarter financial results before the market open on Tuesday and the stock is sliding following the report. Here’s a look at the key details from the print.

What Happened: EHang reported second-quarter revenue of RMB147.2 million ($20.54 million). The urban air mobility company reported second-quarter adjusted net income of RMB9.4 million (2 cents per share).

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