SHENZHEN, China, Nov. 15, 2024 /PRNEWSWIRE/ - RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net revenues were RMB756.3 million (US$107.8 million) in the third quarter of 2024, compared with RMB498.9 million in the same period of 2023.Gross margin was 27.2% in the third quarter of 2024, compared with 24.1% in the same period of 2023.U.S. GAAP net income was RMB169.4 million (US$24.1 million) in the third quarter of 2024, compared with RMB176.6 million in the same period of 2023.Non-GAAP net inco

- Earnings Call Scheduled for 7:00 a.m. ET on November 15, 2024 - SHENZHEN, China, Nov. 5, 2024  /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced that it will report its unaudited financial results for third quarter ended September 30, 2024, before the U.S. markets open on Friday, November 15, 2024. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on November 15, 2024 (8:00 PM Beijing/Hong Kong Time on November 15, 2024). Dial-in details for the earnings conference call are as follows: United States (toll free): +1-888-317-6003 International: +1-412-317-606

SHENZHEN, China, Aug. 16, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Net revenues were RMB627.2 million (US$86.3 million) in the second quarter of 2024, compared with RMB378.1 million in the same period of 2023.Gross margin was 25.2% in the second quarter of 2024, compared with 26.1% in the same period of 2023.U.S. GAAP net income was RMB134.9 million (US$18.6 million) in the second quarter of 2024, compared with RMB204.7 million in the same period of 2023.Non-GAAP net inco

- Earnings Call Scheduled for 8:00 a.m. ET on August 16, 2024 – SHENZHEN, China, Aug. 6, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced that it will report its unaudited financial results for second quarter ended June 30, 2024, before the U.S. markets open on Friday, August 16, 2024. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 16, 2024 (8:00 PM Beijing/Hong Kong Time on August 16, 2024). Dial-in details for the earnings conference call are as follows: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Hong Kong,

SHENZHEN, China, May 17, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenues were RMB551.6 million (US$76.4 million) in the first quarter of 2024, compared with RMB188.9 million in the same period of 2023.Gross margin was 25.9% in the first quarter of 2024, compared with 24.2% in the same period of 2023.U.S. GAAP net income was RMB132.6 million (US$18.4 million) in the first quarter of 2024, compared with U.S. GAAP net loss of RMB56.3 million in the same period of 2023.N

- Earnings Call Scheduled for 8:00 a.m. ET on May 17, 2024 – SHENZHEN, China, May 7, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced that it will report its unaudited financial results for first quarter ended March 31, 2024, before the U.S. markets open on Friday, May 17, 2024. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 17, 2024 (8:00 PM Beijing/Hong Kong Time on May 17, 2024). Dial-in details for the earnings conference call are as follows: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Hong Kong, China (toll f

SHENZHEN, China, March 15, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Net revenues were RMB520.5 million (US$73.3 million) in the fourth quarter of 2023, compared with RMB340.0 million in the same period of 2022.Gross margin was 23.7% in the fourth quarter of 2023, compared with 43.6% in the same period of 2022.U.S. GAAP net income was RMB216.0 million (US$30.4 million) in the fourth quarter of 2023, compared with U.S. GAAP net loss of RMB225.1 milli

- Earnings Call Scheduled for 8:00 a.m. ET on March 15, 2024 – SHENZHEN, March 5, 2024 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading global branded e-vapor company, today announced that it will report its unaudited financial results for fourth quarter and fiscal year ended December 31, 2023, before the U.S. markets open on Friday, March 15, 2024. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on March 15, 2024 (8:00 PM Beijing/Hong Kong Time on March 15, 2024). Dial-in details for the earnings conference call are as follows: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 H

BEIJING, Nov. 13, 2023 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE:RLX), a leading branded e-vapor company in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights Net revenues were RMB428.1 million (US$58.7 million) in the third quarter of 2023, compared with RMB1,044.4 million in the same period of 2022.Gross margin was 24.7% in the third quarter of 2023, compared with 50.0% in the same period of 2022.U.S. GAAP net income was RMB172.7 million (US$23.7 million) in the third quarter of 2023, compared with RMB505.2 million in the same period of 2022.Non-GAAP net income[1

SINGAPORE, Sept. 25, 2023 /PRNewswire/ -- Challenges in the global macroeconomic and political climate have not deterred HIKE Capital, a leading founders' fund in China, from continuing to invest in innovative Chinese companies with the potential to shape the future. "We believe that Chinese entrepreneurs have the resilience to weather these cycles and develop top-notch technologies and products to shake up the world in the next digital wave," said Anna Xu, founder of HIKE Capital, at SuperReturn 2023 in Singapore. China's certainties in uncertain times China has transitioned from its position as the world's factory to become a global hub for product design and R&D, a remarkable fact that c

RLX Technology (NYSE:RLX) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $0.02 by 10 percent. This is a 10 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $76.40 million which beat the analyst consensus estimate of $74.11 million by 3.09 percent. This is a 177.78 percent increase over sales of $27.50 million the same period last year.

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects RBC Bearings Incorporated (NYSE:RBC) to report quarterly earnings at $2.36 per share on revenue of $413.51 million before the opening bell, according to data from Benzinga Pro. RBC Bearings shares fell 1% to $265.00 in after-hours trading. Applied Materials Inc (NASDAQ:AMAT) reported better-than-expected financial results for the second quarter on Thursday. The company said it sees third-quarter revenue of $6.65 billion, plus or minus $400 million, versus estimates of $6.576 billion. The company projects third-quarter adjusted earnings

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, but the index remained in the “Greed” zone on Thursday. U.S. stocks settled lower on Thursday, after the Dow Jones index briefly surged above the 40,000 mark for the first time. The Dow has surged around 6% this year, while the S&P 500 gained about 11% in 2024. On the economic data front, U.S. initial jobless claims declined by 10,000 to 222,000 in the week ending May 11, compared to market estimates of 220,000. U.S. industrial production came in little changed in April, compared to a 0.1% gain in March. Deere & Co (NYSE:DE) reported upbeat second-quarter earnings, but lowered its net income 2

Citigroup analyst Lydia Ling maintains RLX Technology (NYSE:RLX) with a Buy and raises the price target from $2.4 to $2.76.

RLX Technology Inc. (NYSE:RLX) shares are trading higher in the premarket session on Friday. The company reported fourth-quarter adjusted earnings per ADS of $0.046, beating the analyst consensus of $0.02.  Quarterly revenue of $73.31 million beats the street view of $66.52 million. Gross margin was 23.7% in the fourth quarter of 2023, compared with 43.6% in the same period of 2022. The decrease was primarily due to the imposition of a 36% excise tax, and an unfavorable change in revenue mix. For the fourth quarter, net cash generated from operating activities was $43.0 million. As of December 31, 2023, the company had cash and equivalents worth $2.132 billion. “By acqui

RLX Technology (NYSE:RLX) reported quarterly adjusted earnings of $0.05 per share which beat the analyst consensus estimate of $0.02 by 130 percent. This is a 70.37 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $73.31 million which beat the analyst consensus estimate of $66.52 million by 10.20 percent. This is a 48.70 percent increase over sales of $49.30 million the same period last year.

Companies Reporting Before The Bell • EHang Holdings (NASDAQ:EH) is expected to report quarterly loss at $0.10 per share on revenue of $7.83 million. • NeoGenomics (NASDAQ:NEO) is likely to report quarterly earnings at $0.17 per share on revenue of $182.13 million. • Prestige Consumer (NYSE:PBH) is estimated to report quarterly earnings at $1.20 per share on revenue of $1.61 billion. • Hibbett (NASDAQ:HIBB) is projected to report quarterly earnings at $2.55 per share on revenue of $477.49 million. • RLX Technology (NYSE:RLX) is expected to report quarterly earnings at $0.02 per share on revenue of $66.52 million. • KVH Industries (NASDAQ:KVHI) is expected to report quarterly loss at $0

RLX Technology (NYSE:RLX) is set to give its latest quarterly earnings report on Friday, 2024-03-15. Here's what investors need to know before the announcement. Analysts estimate that RLX Technology will report an earnings per share (EPS) of $0.02. RLX Technology bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.01, which was followed by a 1.6% increase in the

China-based e-vapor company RLX Technology Inc (NYSE:RLX) shares are trading higher after it disclosed the extension of its existing share repurchase program. The company established the program in December 2021, which will be extended for an additional 24 months through December 31, 2025.  Under the existing share repurchase program, the company can repurchase up to $500 million in ordinary shares represented by ADSs till December 31, 2023.  As of December 28, 2023, the company had repurchased around $193.5 million of its ordinary shares represented by ADSs. The company expects to fund the repurchases out of its existing cash balance. As of September 30, 2023, RLX had cash and cash equ