NIO (NYSE:NIO) reported quarterly losses of $(0.41) per share which missed the analyst consensus estimate of $(0.37) by 10.81 percent. This is a 24.24 percent decrease over losses of $(0.33) per share from the same period last year. The company reported quarterly sales of $1.66 billion which missed the analyst consensus estimate of $1.73 billion by 4.16 percent. This is a 20.82 percent increase over sales of $1.37 billion the same period last year.