RLX Stock: Technology Leader Exceeds Earnings and Revenue for Q4

TLDR:

• RLX Technology reported earnings per share of 4.6 cents, beating analyst estimates.
• The company reported revenue of $73.31 million, surpassing analyst expectations by 10.20%.

Article Summary:

RLX Technology has exceeded expectations in its latest earnings report for the fourth quarter of 2023. The company reported earnings per share of 4.6 cents, surpassing the analyst estimate of 2 cents. Additionally, RLX Technology reported revenue of $73.31 million, which was 10.20% higher than the projected revenue of $66.52 million. InvestorPlace Earnings provides automated coverage of quarterly earnings reports, allowing readers to stay updated on the latest financial figures without human intervention. Overall, RLX Technology’s strong performance in Q4 of 2023 indicates positive growth and financial stability for the company.