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Decrease in loss per share to US$0.099 from US$0.13 in 3Q 2023

Senmiao Technology (NASDAQ:AIHS) recently released its financial results for the third quarter of 2024. Despite a 7.0% decrease in revenue from the same period in 2023, the company’s net loss improved by 3.8%. The loss per share also narrowed from US$0.13 to US$0.099.

Investors should be aware of the risks associated with investing in Senmiao Technology, as our analysis has identified five warning signs. Four of these are considered unpleasant, and it is important for investors to carefully consider the potential consequences before making any investment decisions.

To gain a better understanding of Senmiao Technology’s financial position, please refer to the chart above showing the company’s performance over the past 12 months. Currently, shares are down 2.3% from a week ago, indicating that investors may be cautious about investing in this stock at present time.

As always, we encourage investors to conduct their own research and seek professional advice before making any investment decisions based on our analysis alone. This article is intended for informational purposes only and is not meant to provide financial advice or take into account individual circumstances or objectives.

By Editor

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