WeRide Q4 Loss Narrows, Revenue Rises; Shares Up Pre-Bell

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WeRide (WRD) reported a Q4 net loss Monday of 1.71 Chinese renminbi ($0.25) per diluted American depositary share, narrowing from a loss of 2.43 renminbi a year earlier.

Revenue for the quarter ended Dec. 31 was 314 million renminbi, compared with 140.8 million renminbi a year earlier.

Three analysts surveyed by FactSet expected 241.5 million renminbi.

The company's shares were up 6.9% in premarket activity.

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