Pony AI Q1 Non-GAAP Loss Widens, Revenue Rises; Shares Up Pre-Bell

MT Newswires Live

05/26

Pony AI (PONY) reported a Q1 non-GAAP net loss Tuesday of $0.09 per diluted share, compared with a loss of $0.08 a year earlier.

Three analysts polled by FactSet expected a loss of $0.11.

Revenue for the quarter ended March 31 was $34.3 million, up from $14 million a year earlier.

Two analysts surveyed by FactSet expected $22.3 million.

The company's shares were up 9% in premarket activity.

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