RLX Technology Q1 Non-GAAP Earnings, Revenue Rise; Shares Up Pre-Bell

MT Newswires Live

05/20

RLX Technology (RLX) reported Q1 non-GAAP earnings Wednesday of 0.263 Chinese renminbi ($0.04) per diluted American depositary share, up from 0.193 renminbi a year earlier.

A single analyst polled by FactSet expected 0.21 renminbi.

Net revenue for the quarter ended March 31 was 1.59 billion renminbi, up from 808.3 million renminbi a year earlier.

A single analyst polled by FactSet expected 1.15 billion renminbi.

The company's shares were up 3.5% in premarket activity.

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