US Stock Market Move | The company raised its Q4 and full-year revenue expectations. EHang Holdings Ltd. Sponsored ADR Class A (EH.US) rose more than 6% in pre-market trading.

On Tuesday, EHang Holdings Ltd. Sponsored ADR Class A (EH.US) surged over 6% pre-market, reaching $16.61. EHang Holdings Ltd. Sponsored ADR Class A is expected to achieve a fourth quarter revenue of 162 million RMB, a 20% increase from the guided target of 135 million RMB, representing a year-on-year growth of 187%. For the 2024 fiscal year, the company forecasts total revenue to reach 454 million RMB, a 6% increase from the previous expectation of 427 million RMB, and a year-on-year growth of 287%.