NASDAQ$CENN

Cenntro Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

CENN Q2 2024 — TRY 11.7M revenue

Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in. Cenntro Inc reported Q2 2024 results. Net income of TRY 18.4M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: TRY 11.7M.
  • Net income: TRY 18.4M.
  • Operating income: TRY 8.8M.
  • Gross profit: TRY 1.2M.

Headline financials

Total Revenue

$8.32M

Previous: $4.24M+96.4%
EPS

-$0.30

Previous: $2.78-110.8%
Capital Expenditures

-$663K

Previous: -$5.08M+87.0%
Free Cash Flow

-$9.85M

Previous: -$19.2M+48.6%
Net Income

-$9.18M

Previous: -$14.1M+34.8%
Operating Income

-$8.82M

Previous: -$13M+32.3%
Gross Profit

$1.22M

Previous: $1.15M+6.8%
Cash & Equivalents

$16.2M

Previous: $60.4M-73.1%
Total Assets

$168M

Previous: $206M-18.6%
R&D Expense

$1.09M

No prior period

Revenue & EPS history

Cenntro · Revenue · Quarterly

$8.32M

Q2 2024+96.4%vs Q2 2023
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.3%

Avg return

Earnings day

+5.7%

Avg return

5 days after

-5.5%

Avg return

30 days after

35%

8 / 23 earnings

Positive

+11.2%

Q1 2018

Best reaction

-11.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.4%+2.0%+2.0%
Q3 2025-1.0%-14.6%-10.1%
Q2 2025+3.8%+10.2%+8.6%
Q1 2025-11.1%+0.0%-7.6%
Q4 2024-3.9%-3.8%+26.8%
Q3 2024-7.0%-7.7%-20.3%
Q2 2024+1.5%+4.1%-14.3%
Q4 2023+0.0%+19.0%+0.7%
Q1 2024+0.0%+19.0%+0.7%
Q3 2023+8.0%+22.8%-92.5%
Q1 2023+0.0%-5.1%-26.6%
Q2 2023+10.3%+24.2%+26.3%
Q4 2022+10.3%+24.2%+26.3%
Q4 2019-5.9%-17.1%-4.1%
Q4 2021-5.9%-17.1%-4.1%
Q4 2020-5.9%-17.1%-4.1%
Q1 2019+2.3%-4.9%-42.5%
Q1 2018+11.2%+6.8%-36.7%
Q2 2017-4.4%-3.8%+2.2%
Q1 2017-2.0%-5.6%-8.6%
Q4 2016-3.3%+100.8%+74.4%
Q3 2016-2.7%-9.7%-13.3%
Q2 2016-6.4%+3.0%-9.3%

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