Senmiao Technology (NASDAQ:AIHS) released its financial results for the third quarter of 2024. The company’s revenue came in at US$1.62 million, a 7.0% decrease from the same period last year. The net loss for the quarter was US$934,000, a 3.8% improvement from the same quarter in 2023. The loss per share narrowed to US$0.099 from US$0.13 in the third quarter of 2023.
According to our investment analysis, Senmiao Technology is showing five warning signs that investors should be aware of, four of which are considered unpleasant. It is important for investors to exercise caution when investing in this company due to these potential risks.
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