Hesai Shares Rise on Toyota Design Win, 2Q Profit

Dow Jones

08/15

By Nicholas G. Miller

Shares of Hesai moved higher after the company swung to a second-quarter profit and said it has secured a design win from Toyota.

The stock was up 12% at $26.01 and is up 88% so far this year.

The lidar sensor company reported net income of $6.2 million, or 4 cents a share, up from a loss of $10.1 million, or 8 cents a share, the year prior. Adjusted earnings were 7 cents a share.

Hesai reported $98.6 million in revenue, up from $64.2 million the previous year.

The company said late Thursday that it has secured a design win from Toyota to provide long-range automotive lidar, entering mass production in 2026.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

August 15, 2025 11:35 ET (15:35 GMT)

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of Hesai moved higher after the company swung to a second-quarter profit and said it has secured a design win from Toyota. \n</p>\n<p>\n  The stock was up 12% at $26.01 and is up 88% so far this year. \n</p>\n<p>\n  The lidar sensor company reported net income of $6.2 million, or 4 cents a share, up from a loss of $10.1 million, or 8 cents a share, the year prior. Adjusted earnings were 7 cents a share. \n</p>\n<p>\n  Hesai reported $98.6 million in revenue, up from $64.2 million the previous year. \n</p>\n<p>\n  The company said late Thursday that it has secured a design win from Toyota to provide long-range automotive lidar, entering mass production in 2026. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 15, 2025 11:35 ET (15:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2559106239","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559106239","pubTimestamp":1755272100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Hesai moved higher after the company swung to a second-quarter profit and said it has secured a design win from Toyota.The stock was up 12% at $26.01 and is up 88% so far this year.The lidar sensor company reported net income of $6.2 million, or 4 cents a share, up from a loss of $10.1 million, or 8 cents a share, the year prior. Adjusted earnings were 7 cents a share.Hesai reported $98.6 million in revenue, up from $64.2 million the previous year.The company said late Thursday that it has secured a design win from Toyota to provide long-range automotive lidar, entering mass production in 2026.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4555":"新能源车","BK4604":"机器人概念","BK4099":"汽车制造商","BK4124":"机动车零配件与设备","TM":"丰田汽车","HSAI":"禾赛","03160":"华夏日股对冲"},"translate_title":"禾赛股价因丰田设计获胜和第二季度利润而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03160":0.6,"HSAI":0.9,"TM":1},"content_text":"By Nicholas G. Miller \n\n\n \n\n\n  Shares of Hesai moved higher after the company swung to a second-quarter profit and said it has secured a design win from Toyota. \n\n\n  The stock was up 12% at $26.01 and is up 88% so far this year. \n\n\n  The lidar sensor company reported net income of $6.2 million, or 4 cents a share, up from a loss of $10.1 million, or 8 cents a share, the year prior. Adjusted earnings were 7 cents a share. \n\n\n  Hesai reported $98.6 million in revenue, up from $64.2 million the previous year. \n\n\n  The company said late Thursday that it has secured a design win from Toyota to provide long-range automotive lidar, entering mass production in 2026. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 15, 2025 11:35 ET (15:35 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}