Nio Inc (NIO)

[sure bet]

May 28 (Reuters) - NIO Inc(NIO):

* . REPORTS UNAUDITED FIRST QUARTER 2020 FINANCIAL RESULTS

* Q1 REVENUE RMB 1.372 BILLION VERSUS REFINITIV IBES ESTIMATE OF RMB 1.67 BILLION

* QUARTERLY DELIVERIES OF ES8 AND ES6 WERE 3,838 VEHICLES

* DECREASE OF VEHICLE DELIVERIES WAS ATTRIBUTED TO IMPACT OF COVID-19 OUTBREAK IN Q1

* VEHICLE SALES WERE RMB1,255.6 MILLION (US$177.3 MILLION) IN Q1, DOWN 18.2%

* QTRLY NET LOSS PER AMERICAN DEPOSITARY SHARE RMB 1.66

* QTRLY ADJUSTED NET LOSS PER ADS RMB 1.60

* EXPECT TO DELIVER 9,500 TO 10,000 VEHICLES IN Q2

* WITNESSED ORDER GROWTH TO HAVE REBOUNDED TO LEVEL PRIOR TO COVID-19 OUTBREAK SINCE LATE APRIL

* SEES Q2 TOTAL REVENUES TO BE BETWEEN RMB3,368.4 MILLION AND RMB3,534.2 MILLION

* Q1 EARNINGS PER SHARE VIEW CNY -1.85, REVENUE VIEW CNY 1.67 BILLION -- REFINITIV IBES DATA

* Q2 REVENUE VIEW CNY 2.64 BILLION -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

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