个人中心 - 老虎社区

UpUpUpUpUp

IP属地：未知

帖子 · 57帖子 · 57
关注 · 0关注 · 0
粉丝 · 0粉丝 · 0

- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-20
  Like pls!!
  非常抱歉，此主贴已删除
  3,092 评论
  6
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-19
  Nice!! Up up!!
  Tesla Q3: Blowout Possible Again<blockquote>特斯拉第三季度：可能再次井喷</blockquote>
  Summary Q3 street estimates seems rather low. Margin strength could lead to large beat. Investors l
  Tesla Q3: Blowout Possible Again<blockquote>特斯拉第三季度：可能再次井喷</blockquote>
  2,924 评论
  3
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-16
  Like pls
  非常抱歉，此主贴已删除
  3,310 1
  4
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-15
  Like pls
  Ocugen stock jumped more than 10% in morning trading<blockquote>Ocugen 股价早盘上涨超过 10%</blockquote>
  Ocugen stock jumped more than 10% in morning trading.The share rose more than 40% this week. The bi
  Ocugen stock jumped more than 10% in morning trading<blockquote>Ocugen 股价早盘上涨超过 10%</blockquote>
  4,727 评论
  4
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-13
  Like
  Aviation,Cruise Line and bank stocks dipped in morning trading<blockquote>航空、邮轮和银行股早盘下跌</blockquote>
  Aviation,Cruise Line and bank stocks dipped in morning trading.
  Aviation,Cruise Line and bank stocks dipped in morning trading<blockquote>航空、邮轮和银行股早盘下跌</blockquote>
  3,149 2
  3
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-11
  Like pls!!
  非常抱歉，此主贴已删除
  2,843 1
  4
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-09
  Loke
  非常抱歉，此主贴已删除
  3,503 评论
  1
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-07
  Like
  非常抱歉，此主贴已删除
  3,382 1
  3
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-10-01
  Like pls
  非常抱歉，此主贴已删除
  3,218 1
  6
  分享
  举报
- UpUpUpUpUpUpUpUpUpUp
  ·2021-09-30
  Like pls
  Eyewear maker Warby Parker spikes 34% on its first day of trading<blockquote>眼镜制造商 Warby Parker 首日股价飙升 34%</blockquote>
  Eyewear maker Warby Parker spikes 34% on its first day of trading. NYSE assigns reference price of
  Eyewear maker Warby Parker spikes 34% on its first day of trading<blockquote>眼镜制造商 Warby Parker 首日股价飙升 34%</blockquote>
  3,038 评论
  1
  分享
  举报

热议股票

{"i18n":{"language":"zh_CN"},"isCurrentUser":false,"userPageInfo":{"id":"3575517733011286","uuid":"3575517733011286","gmtCreate":1612423710283,"gmtModify":1612959119035,"name":"UpUpUpUpUp","pinyin":"upupupupup","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":11,"headSize":174,"tweetSize":57,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":2,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.07.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.12.03","exceedPercentage":"60.50%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.73%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":859825606,"gmtCreate":1634688403387,"gmtModify":1634688403667,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like pls!!","listText":"Like pls!!","text":"Like pls!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859825606","repostId":"2176710436","repostType":4,"isVote":1,"tweetType":1,"viewCount":3092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859022245,"gmtCreate":1634642052633,"gmtModify":1634642072315,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Nice!! Up up!!","listText":"Nice!! Up up!!","text":"Nice!! Up up!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859022245","repostId":"1198851965","repostType":4,"repost":{"id":"1198851965","kind":"news","pubTimestamp":1634623112,"share":"https://www.laohunote.com/m/news/1198851965?lang=zh_CN&edition=full","pubTime":"2021-10-19 13:58","market":"us","language":"en","title":"Tesla Q3: Blowout Possible Again<blockquote>特斯拉第三季度：可能再次井喷</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198851965","media":"Seeking Alpha","summary":"Summary\n\nQ3 street estimates seems rather low.\nMargin strength could lead to large beat.\nInvestors l","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Q3 street estimates seems rather low.</li>  <li>Margin strength could lead to large beat.</li>  <li>Investors looking for comments on supply chain issues.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5041f66900bbf640321835328ad686ba\" tg-width=\"1536\" tg-height=\"793\" width=\"100%\" height=\"auto\"><span>AdrianHancu/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>第三季度华尔街的估计似乎相当低。</li><li>利润率实力可能会导致大幅击败。</li><li>投资者寻求对供应链问题的评论。</li></ul><p class=\"t-img-caption\"><span>AdrianHancu/iStock 社论来自 Getty Images</span></p></blockquote></p><p> All eyes will be on electric vehicle maker Tesla(NASDAQ:TSLA)as the company reports its third quarter results after the bell on Wednesday, October 20th. Recently, the company announced&nbsp;record production and deliveries&nbsp;for the quarter that smashed analyst expectations. However, street estimates for Q3 haven't risen as much as one might expect, which could lead to another blowout earnings report this week.</p><p><blockquote>电动汽车制造商特斯拉（纳斯达克股票代码：TSLA）将于 10 月 20 日星期三盘后公布第三季度业绩，所有人的目光都将集中在该公司身上。最近，该公司宣布本季度创纪录的产量和交付量超出了分析师的预期。然而，华尔街对第三季度的预期并未像人们预期的那样上涨，这可能会导致本周另一份井喷收益报告。</blockquote></p><p> For the period, preliminary deliveries of 241,300 beat street estimates by nearly 20,000 units. In Q2 of this year, the average revenue per vehicle delivered (including regulatory credit sales) was just under $50,700. If you basically round off, the math tells you that a beat of that size should equal about an extra billion dollars in revenue. Going into the report, the street was exactly at $13 billion for its Q3 average, but take a look at where we are now.</p><p><blockquote>在此期间，241,300 辆的初步交付量超出了华尔街的预期近 20,000 辆。今年第二季度，每辆车的平均收入（包括监管信贷销售）略低于 50,700 美元。如果你基本上四舍五入，数学告诉你，这种规模的节拍应该相当于额外的10亿美元收入。从报告来看，华尔街第三季度的平均市值正好是 130 亿美元，但看看我们现在的情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c6077ce9974face1a7cfbeabe2e93e0\" tg-width=\"640\" tg-height=\"73\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha analyst estimates page</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Seeking Alpha 分析师估计页面</span></p></blockquote></p><p> Despite the large deliveries beat, the street average hasn't even risen by $650 million, so the consensus seems to be a bit low right now. Additionally, the \"low\" estimate seems completely off base, as that would represent a decline over Q2's top line figure despite an extra roughly 40,000 deliveries. Don't forget, the sequential jump in Model S cash deliveries was around 6,000 units, which at an average selling price of $100,000 is an additional $600 million in revenue alone. Taking the low estimate out would increase the street average by $100 million. Unless there was some massive discounting going on or some prior period adjustment, any revenue estimates around or below $13 billion just don't seem logical.</p><p><blockquote>尽管交付量大幅增长，但华尔街平均价格甚至没有上涨 6.5 亿美元，因此目前的共识似乎有点低。此外，“低”估计似乎完全偏离了基数，因为尽管交付量增加了约 40,000 辆，但这将代表第二季度的营收数字有所下降。别忘了，Model S 的现金交付量连续增加了约 6,000 辆，以 10 万美元的平均售价计算，仅收入就增加了 6 亿美元。去除较低的估计值将使街道平均水平增加 1 亿美元。除非出现大幅折扣或前期调整，否则任何 130 亿美元左右或以下的收入预期似乎都不合逻辑。</blockquote></p><p> Model Y sales to Europe, more Model S sales (including the expensive Plaid), and a full quarter of price raises in the US should all be tailwinds. The standard range Y in China will provide somewhat of a headwind, along with a slightly stronger dollar in the quarter. However, Tesla may be able to potentially recognize hundreds of millions of dollars in deferred revenue related to its full self-driving feature as that program expanded a bit during the quarter. I also am projecting a $100 million sequential decline in credit sales.</p><p><blockquote>Model Y 在欧洲的销量、更多的 Model S 销量（包括昂贵的 Plaid）以及在美国整整四分之一的价格上涨都应该是推动力。中国的标准区间Y将提供一些阻力，同时本季度美元小幅走强。然而，随着该计划在本季度略有扩展，特斯拉可能能够确认与其全自动驾驶功能相关的数亿美元递延收入。我还预计信用销售额将连续下降 1 亿美元。</blockquote></p><p> Perhaps the biggest question in the quarter will be margins. All of those price hikes, the mix of more Model Y and new Model S, and the ramp of production in China should be positives, potentially offsetting some or all supply chain or chip shortage inflation. In my base case, I'm assuming that total automotive gross margins increase by one percentage point, or a little more than half of the 190 basis points they jumped from Q1 to Q2. As I usually do, the table below shows a bear, base, and bull case, with dollar values in millions except per share amounts.</p><p><blockquote>也许本季度最大的问题将是利润率。所有这些价格上涨、更多 Model Y 和新款 Model S 的组合以及中国产量的增加都应该是积极的，可能会抵消部分或全部供应链或芯片短缺的通胀。在我的基本情况下，我假设汽车总毛利率增加了一个百分点，即从第一季度跃升到第二季度的 190 个基点的一半多一点。正如我通常所做的那样，下表显示了熊市、基本市和牛市的情况，除每股金额外，美元价值均为数百万美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9f864f8d975853337e47b5f88687b983\" tg-width=\"551\" tg-height=\"595\" width=\"100%\" height=\"auto\">I'm sure there will be critics who think I'm just trying to set a high bar so that Tesla cannot beat my base case. That is not true here, as on the revenue side I'm not even halfway between the street average and the high estimate on the street. On the bottom line, I'm not even calling for Tesla to beat by as much as it did in Q2 (47 cents). Also, using the average jump from Q2 to Q3 non-GAAP earnings per share over the past three years would put us a bit above $2 per share, and I'm still calling for a one handle there. For Tesla to miss estimates on the bottom line, gross margins would have to drop by about a percentage point sequentially. Even then, a little revenue upside or savings on the operating expense lines could still fuel a bottom line beat.</p><p><blockquote>我肯定会有批评者认为我只是想设定一个很高的标准，这样特斯拉就无法击败我的基本案件。这里的情况并非如此，因为在收入方面，我甚至还没有介于华尔街平均水平和华尔街高估计之间。最重要的是，我甚至不认为特斯拉会像第二季度那样大幅上涨（47 美分）。此外，使用过去三年从第二季度到第三季度非 GAAP 每股收益的平均跃升将使我们的每股收益略高于 2 美元，我仍然呼吁在那里进行单一处理。特斯拉要想达到利润预期，毛利率必须连续下降约一个百分点。即便如此，收入的一点上升或运营费用的节省仍然可以推动利润的增长。</blockquote></p><p></p><p> The other major item investors will be watching for is an update on Tesla's production facilities. It appears that Shanghai 3/Y production is now greater than Fremont's, and the Berlin and Texas factories are still on track to open this year. The company needs these facilities to come online in the next few months if it wants to hit a 50% yearly growth rate for 2022, likely meaning over 1.3 million deliveries. Any Tesla-specific delays that linger meaningfully into the new year may also impact other new products (Semi, Cybertruck, new Roadster) that have already been delayed a bit, as well as allowing the competition to potentially steal some market share. In the past few days, Tesla removed the Cybertruck's&nbsp;specifications and prices from its website. This may have to do with surging commodity costs since that product was unveiled, and it likely means Tesla will raise prices when production finally starts.</p><p><blockquote>投资者将关注的另一个主要项目是特斯拉生产设施的最新情况。看来上海3/Y的产量现在大于弗里蒙特，柏林和德克萨斯工厂今年仍有望开业。如果该公司希望在 2022 年实现 50% 的年增长率，这可能意味着交付量超过 130 万次，那么这些设施需要在未来几个月内上线。任何有意义地持续到新的一年的特斯拉特有延迟也可能影响已经被延迟一点的其他新产品（Semi、Cybertruck、new Roadster），并允许竞争对手可能窃取一些市场份额。在过去的几天里，特斯拉从其网站上删除了Cybertruck的规格和价格。这可能与该产品推出以来商品成本飙升有关，这可能意味着特斯拉将在最终开始生产时提高价格。</blockquote></p><p> As for Tesla shares, they are currently in a very nice uptrend and have broken solidly above $800 after the Q3 delivery report. As the chart below shows, the 50-day moving average (pink line) has crossed back above its longer term counterpart (200-day in purple). The stock closed Friday less than $60 from its all-time high, so the only concern here might be that the earnings report could be the old \"buy the rumor, sell the news\" type of event.</p><p><blockquote>至于特斯拉股票，它们目前处于非常好的上升趋势，并在第三季度交付报告发布后稳步突破 800 美元。如下图所示，50 天移动平均线（粉色线）已回穿其长期移动平均线（紫色 200 天移动平均线）上方。该股周五收盘价较历史高点不到 60 美元，因此这里唯一的担忧可能是收益报告可能是旧的“买谣言，卖新闻”类型的事件。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d6c847a0a536db8d53da68a6fbbbeac\" tg-width=\"640\" tg-height=\"245\" width=\"100%\" height=\"auto\"><span>Source: Yahoo! Finance</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：雅虎!金融</span></p></blockquote></p><p> Tesla is set to report Q3 earnings this week, and it would not surprise me if we see the company beat again. Given the sharp sequential rise in deliveries, the street seems a bit low with some of its estimates, and any margin increases would likely mean a significant bottom line beat. Investors will be looking for updates on production capacities, not only to see if Berlin and Texas are close to being ready, but to start thinking about how far over one million deliveries Tesla could get next year. It certainly will be interesting to see the stock's reaction afterwards, as the recent rally may mean investors are pricing in another big beat.</p><p><blockquote>特斯拉将于本周公布第三季度收益，如果我们看到该公司再次获胜，我不会感到惊讶。鉴于交付量的连续急剧上升，华尔街的一些估计似乎有点低，任何利润率的增加都可能意味着利润的大幅增长。投资者将寻找产能的最新情况，不仅要看看柏林和德克萨斯是否接近准备就绪，还要开始考虑特斯拉明年能在多大程度上实现超过 100 万辆的交付。看看该股之后的反应肯定会很有趣，因为最近的反弹可能意味着投资者正在为另一次大幅上涨定价。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q3: Blowout Possible Again<blockquote>特斯拉第三季度：可能再次井喷</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q3: Blowout Possible Again<blockquote>特斯拉第三季度：可能再次井喷</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-10-19 13:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Q3 street estimates seems rather low.</li>  <li>Margin strength could lead to large beat.</li>  <li>Investors looking for comments on supply chain issues.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5041f66900bbf640321835328ad686ba\" tg-width=\"1536\" tg-height=\"793\" width=\"100%\" height=\"auto\"><span>AdrianHancu/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>第三季度华尔街的估计似乎相当低。</li><li>利润率实力可能会导致大幅击败。</li><li>投资者寻求对供应链问题的评论。</li></ul><p class=\"t-img-caption\"><span>AdrianHancu/iStock 社论来自 Getty Images</span></p></blockquote></p><p> All eyes will be on electric vehicle maker Tesla(NASDAQ:TSLA)as the company reports its third quarter results after the bell on Wednesday, October 20th. Recently, the company announced&nbsp;record production and deliveries&nbsp;for the quarter that smashed analyst expectations. However, street estimates for Q3 haven't risen as much as one might expect, which could lead to another blowout earnings report this week.</p><p><blockquote>电动汽车制造商特斯拉（纳斯达克股票代码：TSLA）将于 10 月 20 日星期三盘后公布第三季度业绩，所有人的目光都将集中在该公司身上。最近，该公司宣布本季度创纪录的产量和交付量超出了分析师的预期。然而，华尔街对第三季度的预期并未像人们预期的那样上涨，这可能会导致本周另一份井喷收益报告。</blockquote></p><p> For the period, preliminary deliveries of 241,300 beat street estimates by nearly 20,000 units. In Q2 of this year, the average revenue per vehicle delivered (including regulatory credit sales) was just under $50,700. If you basically round off, the math tells you that a beat of that size should equal about an extra billion dollars in revenue. Going into the report, the street was exactly at $13 billion for its Q3 average, but take a look at where we are now.</p><p><blockquote>在此期间，241,300 辆的初步交付量超出了华尔街的预期近 20,000 辆。今年第二季度，每辆车的平均收入（包括监管信贷销售）略低于 50,700 美元。如果你基本上四舍五入，数学告诉你，这种规模的节拍应该相当于额外的10亿美元收入。从报告来看，华尔街第三季度的平均市值正好是 130 亿美元，但看看我们现在的情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c6077ce9974face1a7cfbeabe2e93e0\" tg-width=\"640\" tg-height=\"73\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha analyst estimates page</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Seeking Alpha 分析师估计页面</span></p></blockquote></p><p> Despite the large deliveries beat, the street average hasn't even risen by $650 million, so the consensus seems to be a bit low right now. Additionally, the \"low\" estimate seems completely off base, as that would represent a decline over Q2's top line figure despite an extra roughly 40,000 deliveries. Don't forget, the sequential jump in Model S cash deliveries was around 6,000 units, which at an average selling price of $100,000 is an additional $600 million in revenue alone. Taking the low estimate out would increase the street average by $100 million. Unless there was some massive discounting going on or some prior period adjustment, any revenue estimates around or below $13 billion just don't seem logical.</p><p><blockquote>尽管交付量大幅增长，但华尔街平均价格甚至没有上涨 6.5 亿美元，因此目前的共识似乎有点低。此外，“低”估计似乎完全偏离了基数，因为尽管交付量增加了约 40,000 辆，但这将代表第二季度的营收数字有所下降。别忘了，Model S 的现金交付量连续增加了约 6,000 辆，以 10 万美元的平均售价计算，仅收入就增加了 6 亿美元。去除较低的估计值将使街道平均水平增加 1 亿美元。除非出现大幅折扣或前期调整，否则任何 130 亿美元左右或以下的收入预期似乎都不合逻辑。</blockquote></p><p> Model Y sales to Europe, more Model S sales (including the expensive Plaid), and a full quarter of price raises in the US should all be tailwinds. The standard range Y in China will provide somewhat of a headwind, along with a slightly stronger dollar in the quarter. However, Tesla may be able to potentially recognize hundreds of millions of dollars in deferred revenue related to its full self-driving feature as that program expanded a bit during the quarter. I also am projecting a $100 million sequential decline in credit sales.</p><p><blockquote>Model Y 在欧洲的销量、更多的 Model S 销量（包括昂贵的 Plaid）以及在美国整整四分之一的价格上涨都应该是推动力。中国的标准区间Y将提供一些阻力，同时本季度美元小幅走强。然而，随着该计划在本季度略有扩展，特斯拉可能能够确认与其全自动驾驶功能相关的数亿美元递延收入。我还预计信用销售额将连续下降 1 亿美元。</blockquote></p><p> Perhaps the biggest question in the quarter will be margins. All of those price hikes, the mix of more Model Y and new Model S, and the ramp of production in China should be positives, potentially offsetting some or all supply chain or chip shortage inflation. In my base case, I'm assuming that total automotive gross margins increase by one percentage point, or a little more than half of the 190 basis points they jumped from Q1 to Q2. As I usually do, the table below shows a bear, base, and bull case, with dollar values in millions except per share amounts.</p><p><blockquote>也许本季度最大的问题将是利润率。所有这些价格上涨、更多 Model Y 和新款 Model S 的组合以及中国产量的增加都应该是积极的，可能会抵消部分或全部供应链或芯片短缺的通胀。在我的基本情况下，我假设汽车总毛利率增加了一个百分点，即从第一季度跃升到第二季度的 190 个基点的一半多一点。正如我通常所做的那样，下表显示了熊市、基本市和牛市的情况，除每股金额外，美元价值均为数百万美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9f864f8d975853337e47b5f88687b983\" tg-width=\"551\" tg-height=\"595\" width=\"100%\" height=\"auto\">I'm sure there will be critics who think I'm just trying to set a high bar so that Tesla cannot beat my base case. That is not true here, as on the revenue side I'm not even halfway between the street average and the high estimate on the street. On the bottom line, I'm not even calling for Tesla to beat by as much as it did in Q2 (47 cents). Also, using the average jump from Q2 to Q3 non-GAAP earnings per share over the past three years would put us a bit above $2 per share, and I'm still calling for a one handle there. For Tesla to miss estimates on the bottom line, gross margins would have to drop by about a percentage point sequentially. Even then, a little revenue upside or savings on the operating expense lines could still fuel a bottom line beat.</p><p><blockquote>我肯定会有批评者认为我只是想设定一个很高的标准，这样特斯拉就无法击败我的基本案件。这里的情况并非如此，因为在收入方面，我甚至还没有介于华尔街平均水平和华尔街高估计之间。最重要的是，我甚至不认为特斯拉会像第二季度那样大幅上涨（47 美分）。此外，使用过去三年从第二季度到第三季度非 GAAP 每股收益的平均跃升将使我们的每股收益略高于 2 美元，我仍然呼吁在那里进行单一处理。特斯拉要想达到利润预期，毛利率必须连续下降约一个百分点。即便如此，收入的一点上升或运营费用的节省仍然可以推动利润的增长。</blockquote></p><p></p><p> The other major item investors will be watching for is an update on Tesla's production facilities. It appears that Shanghai 3/Y production is now greater than Fremont's, and the Berlin and Texas factories are still on track to open this year. The company needs these facilities to come online in the next few months if it wants to hit a 50% yearly growth rate for 2022, likely meaning over 1.3 million deliveries. Any Tesla-specific delays that linger meaningfully into the new year may also impact other new products (Semi, Cybertruck, new Roadster) that have already been delayed a bit, as well as allowing the competition to potentially steal some market share. In the past few days, Tesla removed the Cybertruck's&nbsp;specifications and prices from its website. This may have to do with surging commodity costs since that product was unveiled, and it likely means Tesla will raise prices when production finally starts.</p><p><blockquote>投资者将关注的另一个主要项目是特斯拉生产设施的最新情况。看来上海3/Y的产量现在大于弗里蒙特，柏林和德克萨斯工厂今年仍有望开业。如果该公司希望在 2022 年实现 50% 的年增长率，这可能意味着交付量超过 130 万次，那么这些设施需要在未来几个月内上线。任何有意义地持续到新的一年的特斯拉特有延迟也可能影响已经被延迟一点的其他新产品（Semi、Cybertruck、new Roadster），并允许竞争对手可能窃取一些市场份额。在过去的几天里，特斯拉从其网站上删除了Cybertruck的规格和价格。这可能与该产品推出以来商品成本飙升有关，这可能意味着特斯拉将在最终开始生产时提高价格。</blockquote></p><p> As for Tesla shares, they are currently in a very nice uptrend and have broken solidly above $800 after the Q3 delivery report. As the chart below shows, the 50-day moving average (pink line) has crossed back above its longer term counterpart (200-day in purple). The stock closed Friday less than $60 from its all-time high, so the only concern here might be that the earnings report could be the old \"buy the rumor, sell the news\" type of event.</p><p><blockquote>至于特斯拉股票，它们目前处于非常好的上升趋势，并在第三季度交付报告发布后稳步突破 800 美元。如下图所示，50 天移动平均线（粉色线）已回穿其长期移动平均线（紫色 200 天移动平均线）上方。该股周五收盘价较历史高点不到 60 美元，因此这里唯一的担忧可能是收益报告可能是旧的“买谣言，卖新闻”类型的事件。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d6c847a0a536db8d53da68a6fbbbeac\" tg-width=\"640\" tg-height=\"245\" width=\"100%\" height=\"auto\"><span>Source: Yahoo! Finance</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：雅虎!金融</span></p></blockquote></p><p> Tesla is set to report Q3 earnings this week, and it would not surprise me if we see the company beat again. Given the sharp sequential rise in deliveries, the street seems a bit low with some of its estimates, and any margin increases would likely mean a significant bottom line beat. Investors will be looking for updates on production capacities, not only to see if Berlin and Texas are close to being ready, but to start thinking about how far over one million deliveries Tesla could get next year. It certainly will be interesting to see the stock's reaction afterwards, as the recent rally may mean investors are pricing in another big beat.</p><p><blockquote>特斯拉将于本周公布第三季度收益，如果我们看到该公司再次获胜，我不会感到惊讶。鉴于交付量的连续急剧上升，华尔街的一些估计似乎有点低，任何利润率的增加都可能意味着利润的大幅增长。投资者将寻找产能的最新情况，不仅要看看柏林和德克萨斯是否接近准备就绪，还要开始考虑特斯拉明年能在多大程度上实现超过 100 万辆的交付。看看该股之后的反应肯定会很有趣，因为最近的反弹可能意味着投资者正在为另一次大幅上涨定价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4460443-tesla-stock-blowout-q3-possible-again\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4460443-tesla-stock-blowout-q3-possible-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198851965","content_text":"Summary\n\nQ3 street estimates seems rather low.\nMargin strength could lead to large beat.\nInvestors looking for comments on supply chain issues.\n\nAdrianHancu/iStock Editorial via Getty Images\nAll eyes will be on electric vehicle maker Tesla(NASDAQ:TSLA)as the company reports its third quarter results after the bell on Wednesday, October 20th. Recently, the company announced record production and deliveries for the quarter that smashed analyst expectations. However, street estimates for Q3 haven't risen as much as one might expect, which could lead to another blowout earnings report this week.\nFor the period, preliminary deliveries of 241,300 beat street estimates by nearly 20,000 units. In Q2 of this year, the average revenue per vehicle delivered (including regulatory credit sales) was just under $50,700. If you basically round off, the math tells you that a beat of that size should equal about an extra billion dollars in revenue. Going into the report, the street was exactly at $13 billion for its Q3 average, but take a look at where we are now.\nSource: Seeking Alpha analyst estimates page\nDespite the large deliveries beat, the street average hasn't even risen by $650 million, so the consensus seems to be a bit low right now. Additionally, the \"low\" estimate seems completely off base, as that would represent a decline over Q2's top line figure despite an extra roughly 40,000 deliveries. Don't forget, the sequential jump in Model S cash deliveries was around 6,000 units, which at an average selling price of $100,000 is an additional $600 million in revenue alone. Taking the low estimate out would increase the street average by $100 million. Unless there was some massive discounting going on or some prior period adjustment, any revenue estimates around or below $13 billion just don't seem logical.\nModel Y sales to Europe, more Model S sales (including the expensive Plaid), and a full quarter of price raises in the US should all be tailwinds. The standard range Y in China will provide somewhat of a headwind, along with a slightly stronger dollar in the quarter. However, Tesla may be able to potentially recognize hundreds of millions of dollars in deferred revenue related to its full self-driving feature as that program expanded a bit during the quarter. I also am projecting a $100 million sequential decline in credit sales.\nPerhaps the biggest question in the quarter will be margins. All of those price hikes, the mix of more Model Y and new Model S, and the ramp of production in China should be positives, potentially offsetting some or all supply chain or chip shortage inflation. In my base case, I'm assuming that total automotive gross margins increase by one percentage point, or a little more than half of the 190 basis points they jumped from Q1 to Q2. As I usually do, the table below shows a bear, base, and bull case, with dollar values in millions except per share amounts.\nI'm sure there will be critics who think I'm just trying to set a high bar so that Tesla cannot beat my base case. That is not true here, as on the revenue side I'm not even halfway between the street average and the high estimate on the street. On the bottom line, I'm not even calling for Tesla to beat by as much as it did in Q2 (47 cents). Also, using the average jump from Q2 to Q3 non-GAAP earnings per share over the past three years would put us a bit above $2 per share, and I'm still calling for a one handle there. For Tesla to miss estimates on the bottom line, gross margins would have to drop by about a percentage point sequentially. Even then, a little revenue upside or savings on the operating expense lines could still fuel a bottom line beat.\nThe other major item investors will be watching for is an update on Tesla's production facilities. It appears that Shanghai 3/Y production is now greater than Fremont's, and the Berlin and Texas factories are still on track to open this year. The company needs these facilities to come online in the next few months if it wants to hit a 50% yearly growth rate for 2022, likely meaning over 1.3 million deliveries. Any Tesla-specific delays that linger meaningfully into the new year may also impact other new products (Semi, Cybertruck, new Roadster) that have already been delayed a bit, as well as allowing the competition to potentially steal some market share. In the past few days, Tesla removed the Cybertruck's specifications and prices from its website. This may have to do with surging commodity costs since that product was unveiled, and it likely means Tesla will raise prices when production finally starts.\nAs for Tesla shares, they are currently in a very nice uptrend and have broken solidly above $800 after the Q3 delivery report. As the chart below shows, the 50-day moving average (pink line) has crossed back above its longer term counterpart (200-day in purple). The stock closed Friday less than $60 from its all-time high, so the only concern here might be that the earnings report could be the old \"buy the rumor, sell the news\" type of event.\nSource: Yahoo! Finance\nTesla is set to report Q3 earnings this week, and it would not surprise me if we see the company beat again. Given the sharp sequential rise in deliveries, the street seems a bit low with some of its estimates, and any margin increases would likely mean a significant bottom line beat. Investors will be looking for updates on production capacities, not only to see if Berlin and Texas are close to being ready, but to start thinking about how far over one million deliveries Tesla could get next year. It certainly will be interesting to see the stock's reaction afterwards, as the recent rally may mean investors are pricing in another big beat.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2924,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827030112,"gmtCreate":1634364716783,"gmtModify":1634364717065,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/827030112","repostId":"2175146556","repostType":4,"isVote":1,"tweetType":1,"viewCount":3310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825212577,"gmtCreate":1634227219177,"gmtModify":1634227219177,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825212577","repostId":"1108820000","repostType":4,"repost":{"id":"1108820000","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1634225594,"share":"https://www.laohunote.com/m/news/1108820000?lang=zh_CN&edition=full","pubTime":"2021-10-14 23:33","market":"us","language":"en","title":"Ocugen stock jumped more than 10% in morning trading<blockquote>Ocugen 股价早盘上涨超过 10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108820000","media":"Tiger Newspress","summary":"Ocugen stock jumped more than 10% in morning trading.The share rose more than 40% this week.\n\nThe bi","content":"<p>Ocugen stock jumped more than 10% in morning trading.The share&nbsp;rose more than 40% this week.</p><p><blockquote>Ocugen 股价在早盘交易中上涨超过 10%。该股本周上涨超过40%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4d6529ae3a1b252bbc25776ab15e3e3c\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The biotech's stock is moving northward this morning on the news that the COVID-19 vaccine, Covaxin, was granted emergency use approval for children ages 2 to 18 by India's Subject Expert Committee. This vaccine is among the first to receive such a broad emergency use authorization label in the entire world.</p><p><blockquote>今天上午，由于印度主题专家委员会批准新冠肺炎疫苗科瓦克辛用于2至18岁儿童的紧急使用，该生物技术公司的股票正在北上。这种疫苗是全球首批获得如此广泛的紧急使用授权标签的疫苗之一。</blockquote></p><p> Ocugen is partnered with India's Bharat Biotech to commercialize Covaxin in Canada and the United States. The pair are now waiting on word from the World Health Organization on the vaccine's emergency use application. This critical regulatory decision is expected any day now.</p><p><blockquote>Ocugen 与印度 Bharat Biotech 合作，在加拿大和美国将科瓦克辛商业化。两人现在正在等待世界卫生组织关于该疫苗紧急使用申请的消息。这一关键的监管决定随时都会做出。</blockquote></p><p> Ocugen's goal is to become an important second- to third-tier COVID-19 vaccine player in key developed markets like Canada and the United States. The problem with this strategy is that there are already a surfeit of novel coronavirus vaccines in these high-value territories, with more on the way.<b>Novavax</b>'s highly anticipated COVID-19 vaccine known as NVX-CoV2373, for example, should be available in the U.S. early in 2022. As a result, it's not entirely clear how much of a commercial opportunity will be left for late-comers like Ocugen.</p><p><blockquote>Ocugen的目标是成为加拿大和美国等主要发达市场重要的二到三线新冠肺炎疫苗参与者。这一策略的问题是，在这些高价值地区已经有过剩的新型冠状病毒疫苗，更多的疫苗即将到来。<b>诺瓦瓦克斯</b>例如，备受期待的 COVID-19 疫苗 NVX-CoV2373 将于 2022 年初在美国上市。因此，目前还不完全清楚像 Ocugen 这样的后来者会留下多少商业机会。</blockquote></p><p> Is Ocugen's stock a buy on this news? This is an extremely positive regulatory development, to be sure. But it is unlikely to have any bearing on the vaccine's regulatory fate in either Canada or the United States.</p><p><blockquote>Ocugen 的股票值得买入吗？可以肯定的是，这是一个极其积极的监管发展。但这不太可能对疫苗在加拿大或美国的监管命运产生任何影响。</blockquote></p><p> That said, the biotech's shares should still perform well over the long term. If the vaccine can carve out a profitable niche in these increasingly crowded markets where the company owns a commercial license, Ocugen could end up with a healthy and perhaps fairly long-lived revenue stream.</p><p><blockquote>也就是说，从长远来看，这家生物技术公司的股票应该仍然表现良好。如果该疫苗能够在这些日益拥挤的市场中开辟一个有利可图的利基市场，并且该公司拥有商业许可证，那么 Ocugen 最终可能会获得健康且可能相当持久的收入来源。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ocugen stock jumped more than 10% in morning trading<blockquote>Ocugen 股价早盘上涨超过 10%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOcugen stock jumped more than 10% in morning trading<blockquote>Ocugen 股价早盘上涨超过 10%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-14 23:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Ocugen stock jumped more than 10% in morning trading.The share&nbsp;rose more than 40% this week.</p><p><blockquote>Ocugen 股价在早盘交易中上涨超过 10%。该股本周上涨超过40%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4d6529ae3a1b252bbc25776ab15e3e3c\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The biotech's stock is moving northward this morning on the news that the COVID-19 vaccine, Covaxin, was granted emergency use approval for children ages 2 to 18 by India's Subject Expert Committee. This vaccine is among the first to receive such a broad emergency use authorization label in the entire world.</p><p><blockquote>今天上午，由于印度主题专家委员会批准新冠肺炎疫苗科瓦克辛用于2至18岁儿童的紧急使用，该生物技术公司的股票正在北上。这种疫苗是全球首批获得如此广泛的紧急使用授权标签的疫苗之一。</blockquote></p><p> Ocugen is partnered with India's Bharat Biotech to commercialize Covaxin in Canada and the United States. The pair are now waiting on word from the World Health Organization on the vaccine's emergency use application. This critical regulatory decision is expected any day now.</p><p><blockquote>Ocugen 与印度 Bharat Biotech 合作，在加拿大和美国将科瓦克辛商业化。两人现在正在等待世界卫生组织关于该疫苗紧急使用申请的消息。这一关键的监管决定随时都会做出。</blockquote></p><p> Ocugen's goal is to become an important second- to third-tier COVID-19 vaccine player in key developed markets like Canada and the United States. The problem with this strategy is that there are already a surfeit of novel coronavirus vaccines in these high-value territories, with more on the way.<b>Novavax</b>'s highly anticipated COVID-19 vaccine known as NVX-CoV2373, for example, should be available in the U.S. early in 2022. As a result, it's not entirely clear how much of a commercial opportunity will be left for late-comers like Ocugen.</p><p><blockquote>Ocugen的目标是成为加拿大和美国等主要发达市场重要的二到三线新冠肺炎疫苗参与者。这一策略的问题是，在这些高价值地区已经有过剩的新型冠状病毒疫苗，更多的疫苗即将到来。<b>诺瓦瓦克斯</b>例如，备受期待的 COVID-19 疫苗 NVX-CoV2373 将于 2022 年初在美国上市。因此，目前还不完全清楚像 Ocugen 这样的后来者会留下多少商业机会。</blockquote></p><p> Is Ocugen's stock a buy on this news? This is an extremely positive regulatory development, to be sure. But it is unlikely to have any bearing on the vaccine's regulatory fate in either Canada or the United States.</p><p><blockquote>Ocugen 的股票值得买入吗？可以肯定的是，这是一个极其积极的监管发展。但这不太可能对疫苗在加拿大或美国的监管命运产生任何影响。</blockquote></p><p> That said, the biotech's shares should still perform well over the long term. If the vaccine can carve out a profitable niche in these increasingly crowded markets where the company owns a commercial license, Ocugen could end up with a healthy and perhaps fairly long-lived revenue stream.</p><p><blockquote>也就是说，从长远来看，这家生物技术公司的股票应该仍然表现良好。如果该疫苗能够在这些日益拥挤的市场中开辟一个有利可图的利基市场，并且该公司拥有商业许可证，那么 Ocugen 最终可能会获得健康且可能相当持久的收入来源。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108820000","content_text":"Ocugen stock jumped more than 10% in morning trading.The share rose more than 40% this week.\n\nThe biotech's stock is moving northward this morning on the news that the COVID-19 vaccine, Covaxin, was granted emergency use approval for children ages 2 to 18 by India's Subject Expert Committee. This vaccine is among the first to receive such a broad emergency use authorization label in the entire world.\nOcugen is partnered with India's Bharat Biotech to commercialize Covaxin in Canada and the United States. The pair are now waiting on word from the World Health Organization on the vaccine's emergency use application. This critical regulatory decision is expected any day now.\nOcugen's goal is to become an important second- to third-tier COVID-19 vaccine player in key developed markets like Canada and the United States. The problem with this strategy is that there are already a surfeit of novel coronavirus vaccines in these high-value territories, with more on the way.Novavax's highly anticipated COVID-19 vaccine known as NVX-CoV2373, for example, should be available in the U.S. early in 2022. As a result, it's not entirely clear how much of a commercial opportunity will be left for late-comers like Ocugen.\nIs Ocugen's stock a buy on this news? This is an extremely positive regulatory development, to be sure. But it is unlikely to have any bearing on the vaccine's regulatory fate in either Canada or the United States.\nThat said, the biotech's shares should still perform well over the long term. If the vaccine can carve out a profitable niche in these increasingly crowded markets where the company owns a commercial license, Ocugen could end up with a healthy and perhaps fairly long-lived revenue stream.","news_type":1,"symbols_score_info":{"OCGN":0.9}},"isVote":1,"tweetType":1,"viewCount":4727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822215628,"gmtCreate":1634134333390,"gmtModify":1634134333485,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/822215628","repostId":"1155202922","repostType":4,"repost":{"id":"1155202922","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1634133901,"share":"https://www.laohunote.com/m/news/1155202922?lang=zh_CN&edition=full","pubTime":"2021-10-13 22:05","market":"us","language":"en","title":"Aviation,Cruise Line and bank stocks dipped in morning trading<blockquote>航空、邮轮和银行股早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155202922","media":"Tiger Newspress","summary":"Aviation,Cruise Line and bank stocks dipped in morning trading.","content":"<p>Aviation,Cruise Line and bank stocks dipped in morning trading.</p><p><blockquote>航空、邮轮和银行股在早盘交易中下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/170a848bdb8d9df6aac064350be93df9\" tg-width=\"411\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/edda66dde88fc8119015bf68cd100f80\" tg-width=\"402\" tg-height=\"185\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/51775b4b2efca14f1f5078de1ae25948\" tg-width=\"416\" tg-height=\"661\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aviation,Cruise Line and bank stocks dipped in morning trading<blockquote>航空、邮轮和银行股早盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAviation,Cruise Line and bank stocks dipped in morning trading<blockquote>航空、邮轮和银行股早盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-13 22:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Aviation,Cruise Line and bank stocks dipped in morning trading.</p><p><blockquote>航空、邮轮和银行股在早盘交易中下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/170a848bdb8d9df6aac064350be93df9\" tg-width=\"411\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/edda66dde88fc8119015bf68cd100f80\" tg-width=\"402\" tg-height=\"185\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/51775b4b2efca14f1f5078de1ae25948\" tg-width=\"416\" tg-height=\"661\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCL":"嘉年华邮轮","MS":"摩根士丹利","BAC":"美国银行","LUV":"西南航空","NCLH":"挪威邮轮","DAL":"达美航空","RCL":"皇家加勒比邮轮","TD":"道明银行","AAL":"美国航空","WFC":"富国银行","JPM":"摩根大通","GS":"高盛","C":"花旗","JBLU":"捷蓝航空","BA":"波音","UAL":"联合大陆航空","SAVE":"Spirit Airlines","ALK":"阿拉斯加航空集团有限公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155202922","content_text":"Aviation,Cruise Line and bank stocks dipped in morning trading.","news_type":1,"symbols_score_info":{"C":0.9,"NCLH":0.9,"JBLU":0.9,"SAVE":0.9,"UAL":0.9,"JPM":0.9,"DAL":0.9,"RCL":0.9,"AAL":0.9,"TD":0.9,"BA":0.9,"ALK":0.9,"MS":0.9,"WFC":0.9,"BAC":0.9,"GS":0.9,"CCL":0.9,"LUV":0.9}},"isVote":1,"tweetType":1,"viewCount":3149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826044916,"gmtCreate":1633961213185,"gmtModify":1633961213298,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like pls!!","listText":"Like pls!!","text":"Like pls!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826044916","repostId":"1180287437","repostType":4,"isVote":1,"tweetType":1,"viewCount":2843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821147450,"gmtCreate":1633710001100,"gmtModify":1633710157295,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Loke","listText":"Loke","text":"Loke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821147450","repostId":"2173925535","repostType":4,"isVote":1,"tweetType":1,"viewCount":3503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":829700221,"gmtCreate":1633541759168,"gmtModify":1633541759443,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829700221","repostId":"2173917919","repostType":4,"isVote":1,"tweetType":1,"viewCount":3382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864160263,"gmtCreate":1633074817584,"gmtModify":1633074817856,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864160263","repostId":"2172951249","repostType":4,"isVote":1,"tweetType":1,"viewCount":3218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865108666,"gmtCreate":1632959230203,"gmtModify":1632959230459,"author":{"id":"3575517733011286","authorId":"3575517733011286","name":"UpUpUpUpUp","avatar":"https://static.tigerbbs.com/f92e5e26e6e720eda3643248da3c21eb","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575517733011286","idStr":"3575517733011286"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865108666","repostId":"2171115602","repostType":4,"repost":{"id":"2171115602","kind":"highlight","pubTimestamp":1632935460,"share":"https://www.laohunote.com/m/news/2171115602?lang=zh_CN&edition=full","pubTime":"2021-09-30 01:11","market":"us","language":"en","title":"Eyewear maker Warby Parker spikes 34% on its first day of trading<blockquote>眼镜制造商 Warby Parker 首日股价飙升 34%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2171115602","media":"MarketWatch","summary":"Eyewear maker Warby Parker spikes 34% on its first day of trading.\n\nNYSE assigns reference price of ","content":"<p>Eyewear maker Warby Parker spikes 34% on its first day of trading.</p><p><blockquote>眼镜制造商 Warby Parker 首日交易股价飙升 34%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f145f99950734ec9b0e3b675836a53fb\" tg-width=\"1836\" tg-height=\"901\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> NYSE assigns reference price of $40, trading&nbsp;to begin Wednesday</p><p><blockquote>纽约证券交易所将参考价定为 40 美元，周三开始交易</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5917e3b384716a3bbcfdd5860b35711f\" tg-width=\"700\" tg-height=\"628\" referrerpolicy=\"no-referrer\"><span>Warby Parker is focused on both business and giving back, the prospectus says.</span></p><p><blockquote><p class=\"t-img-caption\"><span>招股说明书称，Warby Parker 专注于业务和回馈。</span></p></blockquote></p><p> <a href=\"https://laohu8.com/S/WRBY\">Warby Parker Inc.</a>, the company known for its affordable eyeglasses sold online, through its app and in stores, is begining trading Wednesday in a direct listing.</p><p><blockquote><a href=\"https://laohu8.com/S/WRBY\">沃比·帕克公司。</a>该公司以通过其应用程序和商店在线销售平价眼镜而闻名，将于周三开始直接上市交易。</blockquote></p><p> On Tuesday, the New York Stock Exchange assigned a $40 reference price to the New York City-based company's listing, which is expected to begin trading Wednesday under the ticker symbol \"WRBY\" . The company has about 111.5 million shares outstanding, giving it a valuation around $4.6 billion at that reference price.</p><p><blockquote>周二，纽约证券交易所为这家总部位于纽约市的公司的上市设定了 40 美元的参考价格，预计该公司将于周三开始交易，股票代码为“WRBY”。该公司约有 1.115 亿股流通股，按该参考价格计算，其估值约为 46 亿美元。</blockquote></p><p> Reference prices for direct listings are based on trading prices in private markets ahead of companies filing with the Securities and Exchange Commission for a public listing. Direct listings differ from IPOs because there is no capital raised, which is what places a dollar figure on shares in an IPO. Direct listings are largely expected to trade higher than the reference price.</p><p><blockquote>直接上市的参考价格是根据公司向美国证券交易委员会申请公开上市前私人市场的交易价格计算的。直接上市不同于IPO，因为没有筹集资金，这就是IPO中股票的美元数字的原因。预计直接上市的交易价格将高于参考价格。</blockquote></p><p> Warby Parker will offer class A stock, eligible for one vote per share; class B stock, which entitles shareholders to 10 votes per share and can be converted to class A shares; and class C shares, which carry no voting rights.</p><p><blockquote>Warby Parker 将提供 A 类股票，每股有资格投一票；B类股，股东每股有10票投票权，可转换为A类股；及无投票权的C类股。</blockquote></p><p> Warby Parker will be an emerging growth company, which means it does not have to make the same disclosures required of bigger public companies. A business remains an emerging growth company until it reaches a number of milestones, including annual revenue of more than $1.07 billion.</p><p><blockquote>Warby Parker 将是一家新兴成长型公司，这意味着它不必像大型上市公司那样进行披露。一家企业在达到多个里程碑（包括年收入超过 10.7 亿美元）之前，仍然是一家新兴成长型公司。</blockquote></p><p> Neil Blumenthal and Dave Gilboa, ages 41 and 40 respectively, are co-founders, co-chairs and co-chief executives of the company.</p><p><blockquote>Neil Blumenthal 和 Dave Gilboa，分别 41 岁和 40 岁，是该公司的联合创始人、联席主席和联席首席执行官。</blockquote></p><p> Prior to Warby Parker, Blumenthal was a director at VisionSpring, a nonprofit that trains men and women in developing countries to sell affordable eyewear. Blumenthal is also a director at Allbirds, which filed to go public this week, at salad chain Sweetgreen and a number of nonprofit organizations including Warby Parker Impact Foundation and RxArt.</p><p><blockquote>在加入Warby Parker之前，Blumenthal是VisionSpring的董事，这是一家培训发展中国家男女销售平价眼镜的非营利组织。布卢门撒尔还是本周申请上市的 Allbirds、沙拉连锁店 Sweetgreen 以及包括 Warby Parker Impact Foundation 和 RxArt 在内的许多非营利组织的董事。</blockquote></p><p> Gilboa worked at consulting firm Bain &amp; Company and merchant bank Allen &amp; Co. prior to Warby Parker. He also serves on the board of the Warby Parker Impact Foundation.</p><p><blockquote>在加入沃比·帕克之前，吉尔博亚曾在咨询公司贝恩公司和商业银行艾伦公司工作。他还在沃比·帕克影响力基金会的董事会任职。</blockquote></p><p> Andrew Hunt and Jeffrey Raider, both age 40, are the other two co-founders of Warby Parker and both serve as directors. Also on the board is Ronald Williams, age 71, and former CEO of Aetna from 2006 to 2010.</p><p><blockquote>40岁的安德鲁·亨特和杰弗里·雷德是Warby Parker的另外两位联合创始人，两人都担任董事。董事会成员还有 71 岁的罗纳德·威廉姆斯 (Ronald Williams)，他曾于 2006 年至 2010 年担任 Aetna 首席执行官。</blockquote></p><p> Warby Parker was founded in 2010 and inspired by the founders' concerns that glasses were expensive and the process of buying them inconvenient.</p><p><blockquote>Warby Parker 成立于 2010 年，其灵感来自创始人对眼镜价格昂贵且购买过程不方便的担忧。</blockquote></p><p> In its prospectus, Warby Parker says it is driven to do good and make customers happy. In addition to making glasses more affordable, Warby Parker has distributed more than 8 million pairs of glasses through the Buy a Pair, Give a Pair program. The company is also carbon neutral, which it has achieved through purchasing offsets.</p><p><blockquote>Warby Parker 在招股说明书中表示，它的动力是做好事并让客户满意。除了让眼镜更实惠，Warby Parker还通过“买一副，送一副”计划分发了800多万副眼镜。该公司还通过购买抵消实现了碳中和。</blockquote></p><p> \"[This motivation] pushes us to defy convention -- and, at times, to forego short-term profits -- but we believe delivering remarkable customer experiences and making a positive impact on all stakeholders will lead to continued long-term sustainable growth and profitability,\" says a letter from the co-CEOs included in the prospectus.</p><p><blockquote>“[这种动机]促使我们打破常规——有时甚至放弃短期利润——但我们相信，提供卓越的客户体验并对所有利益相关者产生积极影响将带来持续的长期可持续增长和盈利能力，”招股说明书中包含的联席首席执行官的一封信中说道。</blockquote></p><p> A pair of Warby Parker spectacles starts at a price of $95 including prescription lenses, and can be purchased digitally, using a free home try-on system or virtual trial system, as well as at145 Warby Parker shops. The company keeps prices low by selling direct-to-consumer and bypassing middlemen.</p><p><blockquote>一副Warby Parker眼镜起价95美元，包括处方镜片，可以使用免费的家庭试穿系统或虚拟试穿系统，以及在145家Warby Parker商店购买。该公司通过直接向消费者销售和绕过中间商来保持低价。</blockquote></p><p> The company had a net loss of $55.9 million in 2020, after breakeven in 2019 and a loss of $22.9 million in 2018. It chalked up $393.7 million of revenue in 2020, up from $370.5 million in 2019.</p><p><blockquote>继 2019 年实现盈亏平衡和 2018 年亏损 2290 万美元之后，该公司 2020 年净亏损 5590 万美元。该公司预计 2020 年收入为 3.937 亿美元，高于 2019 年的 3.705 亿美元。</blockquote></p><p> Some 95% of net revenue in 2020 came from the sale of glasses, 2% of revenue was generated by the sale of contact lenses, 1% by eye exams and 2% by eyewear accessories. The company is expecting to expand its customer base for eye exams.</p><p><blockquote>2020年约95%的净收入来自眼镜销售，2%的收入来自隐形眼镜销售，1%来自眼科检查，2%来自眼镜配件。该公司预计将扩大眼科检查的客户群。</blockquote></p><p> For the six months ending June 30, 2021, net losses were $7.3 million and revenue totaled $270.5 million. The company has more than two million active customers and nearly 3,000 workers.</p><p><blockquote>截至2021年6月30日的六个月，净亏损为730万美元，收入总计2.705亿美元。该公司拥有200多万活跃客户和近3000名员工。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3510dd6c717e636f33784d4f89bd9ce3\" tg-width=\"506\" tg-height=\"706\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> About 76% of Americans were using some kind of vision correction in 2020, according to data provided by the prospectus. The number of Americans ages 65 and over will more than double over the next 40 years and at least 84% of people in this older age group wear corrective lenses. Increasing use of screens like mobile devices and computers has contributed to the need for vision correction. Glasses are replaced every two-to-two-and-a-half years.</p><p><blockquote>根据招股说明书提供的数据，2020 年约有 76% 的美国人使用某种视力矫正。未来40年，65岁及以上的美国人数量将增加一倍以上，这个老年群体中至少有84%的人佩戴矫正镜片。移动设备和计算机等屏幕的使用越来越多，导致了视力矫正的需求。眼镜每两到两年半更换一次。</blockquote></p><p> Warby Parker says that between 2015 and 2019, it had a 50% sales retention rate within two years of the first purchase among customers it acquired. The retention rate was nearly 100% after four years during that same period.</p><p><blockquote>Warby Parker 表示，2015 年至 2019 年间，其获得的客户在首次购买后两年内的销售保留率达到 50%。同期四年后，保留率接近100%。</blockquote></p><p> The vision care industry is expected to grow at a 9.2% compound annual growth rate (CAGR) between 2020 and 2025, according to Statista data provided in the prospectus.</p><p><blockquote>根据招股说明书中提供的Statista数据，2020年至2025年间，视力保健行业预计将以9.2%的复合年增长率（CAGR）增长。</blockquote></p><p> Here are five other things to know about Warby Parker before it goes public:</p><p><blockquote>在 Warby Parker 上市之前，您还需要了解以下五件事：</blockquote></p><p> <b>Most decision-making power will be in the hands of Warby Parker's co-founders and co-CEOs</b></p><p><blockquote><b>大部分决策权将掌握在 Warby Parker 的联合创始人和联合首席执行官手中</b></blockquote></p><p> The company's stock structure post-IPO will give the company's founders and top executives considerable control that could last until Oct. 1, 2031.</p><p><blockquote>公司IPO后的股票结构将赋予公司创始人和高管相当大的控制权，这种控制权可能会持续到2031年10月1日。</blockquote></p><p> \"Because of the ten-to-one voting ratio between our class B and class A common stock, our co-founders and co-CEOs collectively could continue to control a significant percentage of the combined voting power of our common stock and therefore would be able to control all matters submitted to our stockholders for approval until the date of automatic conversion, when all shares outstanding of Class B common stock will convert automatically into shares of Class A common stock,\" the prospectus says.</p><p><blockquote>“由于我们的 B 类普通股和 A 类普通股之间的投票比例为 10 比 1，我们的联合创始人和联合首席执行官可以共同继续控制我们普通股合并投票权的很大一部分，因此将能够控制所有事项提交给我们的股东批准，直到自动转换之日，届时所有已发行的 B 类普通股将自动转换为 A 类普通股，”招股说明书称。</blockquote></p><p> That means other shareholders will have little say in the running of the company and will not influence such decisions as the election of directors, amendments of organizational documents, and any merger, consolidation, or sale of some or all of its assets.</p><p><blockquote>这意味着其他股东在公司运营中几乎没有发言权，也不会影响董事选举、组织文件修订以及部分或全部资产的任何合并、整合或出售等决策。</blockquote></p><p> As a loss-making company, it will not pay a dividend for the foreseeable future.</p><p><blockquote>作为一家亏损公司，它在可预见的未来不会支付股息。</blockquote></p><p> <b>Warby Parker does most things in-house -- and that could limit its ability to grow</b></p><p><blockquote><b>Warby Parker 大部分事情都是在内部完成的，这可能会限制其增长能力</b></blockquote></p><p> Warby Parker says its business model, which has it do most things in-house, could cause problems.</p><p><blockquote>Warby Parker 表示，其商业模式（大部分事情都在内部完成）可能会引发问题。</blockquote></p><p> \"[T]he vertically integrated nature of our business, where we design all of our own glasses in our New York headquarters, contract manufacture all of our glass frames, fulfill the glasses we sell at our own optical and fulfillment laboratories as well as at third-party contract laboratories, sell our products exclusively through our own retail stores, e-commerce site and mobile application, and service our products, exposes us to risk and disruption at many points that are critical to successfully operating our business, and may make it more difficult for us to scale our business,\" the prospectus says.</p><p><blockquote>“我们业务的垂直整合性质，我们在纽约总部设计所有自己的眼镜，代工制造所有玻璃框，在我们自己的光学和履行实验室以及第三方合同实验室履行我们销售的眼镜，仅通过我们自己的零售店、电子商务网站和移动应用程序销售我们的产品，并为我们的产品提供服务，这使我们在许多对成功运营业务至关重要的点上面临风险和中断，并可能使我们更难扩大业务规模，”招股说明书称。</blockquote></p><p> <b>Supply chain troubles outside of those caused by COVID-19 could arise</b></p><p><blockquote><b>COVID-19 引起的供应链问题之外可能会出现供应链问题</b></blockquote></p><p> Supply chain problems have plagued companies across the consumer space this year. But the company warns that its operations are vulnerable to other challenges as well.</p><p><blockquote>今年，供应链问题困扰着整个消费领域的公司。但该公司警告称，其运营也容易受到其他挑战。</blockquote></p><p> Warby Parker gets more than half of the cellulose acetate used in its frames from a single supplier. Other components are sourced from the U.S., China, Italy, Vietnam, and Japan. The company also uses third-party contractors on certain items, but doesn't have long-term contracts with these suppliers.</p><p><blockquote>Warby Parker 从单一供应商处获得其镜架中使用的醋酸纤维素一半以上。其他组件来自美国、中国、意大利、越南和日本。该公司还在某些项目上使用第三方承包商，但与这些供应商没有长期合同。</blockquote></p><p> \"We are therefore subject to the risk of shortages and long lead times in the supply of these components and the risk that our suppliers discontinue or modify components used in our products,\" the prospectus says.</p><p><blockquote>招股说明书称：“因此，我们面临这些组件供应短缺和交货时间长的风险，以及我们的供应商停产或修改我们产品中使用的组件的风险。”</blockquote></p><p> \"We may in the future experience component shortages, and the predictability of the availability of these components may be limited, which may be heightened in light of the ongoing COVID-19 pandemic.\"</p><p><blockquote>“我们未来可能会遇到组件短缺，这些组件可用性的可预测性可能会受到限制，鉴于持续的 COVID-19 大流行，这种情况可能会加剧。”</blockquote></p><p> <b>Warby Parker says customers are slow to adopt e-commerce for eyeglasses</b></p><p><blockquote><b>Warby Parker 表示顾客在眼镜电子商务方面进展缓慢</b></blockquote></p><p> Warby Parker offers online shopping for eyeglasses, one of the most significant ways the company differentiates itself from a crowded competitive field. But the company says many customers are more comfortable shopping for eyeglasses in person.</p><p><blockquote>Warby Parker 提供眼镜在线购物服务，这是该公司在拥挤的竞争领域中脱颖而出的最重要方式之一。但该公司表示，许多顾客更愿意亲自购买眼镜。</blockquote></p><p> \"Improving upon the consumer in-store experience through an online platform is difficult due to broad consumer demands on selection, quality, convenience, and affordability,\" the prospectus says.</p><p><blockquote>招股说明书称：“由于消费者对选择、质量、便利性和可负担性的广泛需求，通过在线平台改善消费者的店内体验是困难的。”</blockquote></p><p> When the company first started, less than 2.5% of glasses were purchased online. Even now, the company says it has \"historically generated a significant portion of our revenue from our retail stores, and our growth strategy will depend, in large part, on acquiring customers through the growth of our retail store base and expansion of our existing retail store operations.\"</p><p><blockquote>当公司刚开始时，不到2.5%的眼镜是在网上购买的。即使是现在，该公司表示，它“历史上很大一部分收入来自零售店，我们的增长战略将在很大程度上取决于通过零售店基础的增长和现有零售店业务的扩张来获取客户。”</blockquote></p><p> <b>Warby Parker's business is actually seasonal</b></p><p><blockquote><b>沃比·帕克的生意实际上是季节性的</b></blockquote></p><p> Customers eager to use health benefits before the end of a calendar year tend to boost demand in December.</p><p><blockquote>渴望在日历年结束前使用健康福利的客户往往会在12月份增加需求。</blockquote></p><p></p><p> \"Consistent with our policy to recognize revenue upon order delivery, any orders placed at the end of December are recognized as revenue upon delivery which may occur in the following year,\" Warby Parker said.</p><p><blockquote>Warby Parker 表示：“根据我们在订单交付时确认收入的政策，12 月底下的任何订单都会在下一年可能发生的交付时确认为收入。”</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eyewear maker Warby Parker spikes 34% on its first day of trading<blockquote>眼镜制造商 Warby Parker 首日股价飙升 34%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEyewear maker Warby Parker spikes 34% on its first day of trading<blockquote>眼镜制造商 Warby Parker 首日股价飙升 34%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-30 01:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Eyewear maker Warby Parker spikes 34% on its first day of trading.</p><p><blockquote>眼镜制造商 Warby Parker 首日交易股价飙升 34%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f145f99950734ec9b0e3b675836a53fb\" tg-width=\"1836\" tg-height=\"901\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> NYSE assigns reference price of $40, trading&nbsp;to begin Wednesday</p><p><blockquote>纽约证券交易所将参考价定为 40 美元，周三开始交易</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5917e3b384716a3bbcfdd5860b35711f\" tg-width=\"700\" tg-height=\"628\" referrerpolicy=\"no-referrer\"><span>Warby Parker is focused on both business and giving back, the prospectus says.</span></p><p><blockquote><p class=\"t-img-caption\"><span>招股说明书称，Warby Parker 专注于业务和回馈。</span></p></blockquote></p><p> <a href=\"https://laohu8.com/S/WRBY\">Warby Parker Inc.</a>, the company known for its affordable eyeglasses sold online, through its app and in stores, is begining trading Wednesday in a direct listing.</p><p><blockquote><a href=\"https://laohu8.com/S/WRBY\">沃比·帕克公司。</a>该公司以通过其应用程序和商店在线销售平价眼镜而闻名，将于周三开始直接上市交易。</blockquote></p><p> On Tuesday, the New York Stock Exchange assigned a $40 reference price to the New York City-based company's listing, which is expected to begin trading Wednesday under the ticker symbol \"WRBY\" . The company has about 111.5 million shares outstanding, giving it a valuation around $4.6 billion at that reference price.</p><p><blockquote>周二，纽约证券交易所为这家总部位于纽约市的公司的上市设定了 40 美元的参考价格，预计该公司将于周三开始交易，股票代码为“WRBY”。该公司约有 1.115 亿股流通股，按该参考价格计算，其估值约为 46 亿美元。</blockquote></p><p> Reference prices for direct listings are based on trading prices in private markets ahead of companies filing with the Securities and Exchange Commission for a public listing. Direct listings differ from IPOs because there is no capital raised, which is what places a dollar figure on shares in an IPO. Direct listings are largely expected to trade higher than the reference price.</p><p><blockquote>直接上市的参考价格是根据公司向美国证券交易委员会申请公开上市前私人市场的交易价格计算的。直接上市不同于IPO，因为没有筹集资金，这就是IPO中股票的美元数字的原因。预计直接上市的交易价格将高于参考价格。</blockquote></p><p> Warby Parker will offer class A stock, eligible for one vote per share; class B stock, which entitles shareholders to 10 votes per share and can be converted to class A shares; and class C shares, which carry no voting rights.</p><p><blockquote>Warby Parker 将提供 A 类股票，每股有资格投一票；B类股，股东每股有10票投票权，可转换为A类股；及无投票权的C类股。</blockquote></p><p> Warby Parker will be an emerging growth company, which means it does not have to make the same disclosures required of bigger public companies. A business remains an emerging growth company until it reaches a number of milestones, including annual revenue of more than $1.07 billion.</p><p><blockquote>Warby Parker 将是一家新兴成长型公司，这意味着它不必像大型上市公司那样进行披露。一家企业在达到多个里程碑（包括年收入超过 10.7 亿美元）之前，仍然是一家新兴成长型公司。</blockquote></p><p> Neil Blumenthal and Dave Gilboa, ages 41 and 40 respectively, are co-founders, co-chairs and co-chief executives of the company.</p><p><blockquote>Neil Blumenthal 和 Dave Gilboa，分别 41 岁和 40 岁，是该公司的联合创始人、联席主席和联席首席执行官。</blockquote></p><p> Prior to Warby Parker, Blumenthal was a director at VisionSpring, a nonprofit that trains men and women in developing countries to sell affordable eyewear. Blumenthal is also a director at Allbirds, which filed to go public this week, at salad chain Sweetgreen and a number of nonprofit organizations including Warby Parker Impact Foundation and RxArt.</p><p><blockquote>在加入Warby Parker之前，Blumenthal是VisionSpring的董事，这是一家培训发展中国家男女销售平价眼镜的非营利组织。布卢门撒尔还是本周申请上市的 Allbirds、沙拉连锁店 Sweetgreen 以及包括 Warby Parker Impact Foundation 和 RxArt 在内的许多非营利组织的董事。</blockquote></p><p> Gilboa worked at consulting firm Bain &amp; Company and merchant bank Allen &amp; Co. prior to Warby Parker. He also serves on the board of the Warby Parker Impact Foundation.</p><p><blockquote>在加入沃比·帕克之前，吉尔博亚曾在咨询公司贝恩公司和商业银行艾伦公司工作。他还在沃比·帕克影响力基金会的董事会任职。</blockquote></p><p> Andrew Hunt and Jeffrey Raider, both age 40, are the other two co-founders of Warby Parker and both serve as directors. Also on the board is Ronald Williams, age 71, and former CEO of Aetna from 2006 to 2010.</p><p><blockquote>40岁的安德鲁·亨特和杰弗里·雷德是Warby Parker的另外两位联合创始人，两人都担任董事。董事会成员还有 71 岁的罗纳德·威廉姆斯 (Ronald Williams)，他曾于 2006 年至 2010 年担任 Aetna 首席执行官。</blockquote></p><p> Warby Parker was founded in 2010 and inspired by the founders' concerns that glasses were expensive and the process of buying them inconvenient.</p><p><blockquote>Warby Parker 成立于 2010 年，其灵感来自创始人对眼镜价格昂贵且购买过程不方便的担忧。</blockquote></p><p> In its prospectus, Warby Parker says it is driven to do good and make customers happy. In addition to making glasses more affordable, Warby Parker has distributed more than 8 million pairs of glasses through the Buy a Pair, Give a Pair program. The company is also carbon neutral, which it has achieved through purchasing offsets.</p><p><blockquote>Warby Parker 在招股说明书中表示，它的动力是做好事并让客户满意。除了让眼镜更实惠，Warby Parker还通过“买一副，送一副”计划分发了800多万副眼镜。该公司还通过购买抵消实现了碳中和。</blockquote></p><p> \"[This motivation] pushes us to defy convention -- and, at times, to forego short-term profits -- but we believe delivering remarkable customer experiences and making a positive impact on all stakeholders will lead to continued long-term sustainable growth and profitability,\" says a letter from the co-CEOs included in the prospectus.</p><p><blockquote>“[这种动机]促使我们打破常规——有时甚至放弃短期利润——但我们相信，提供卓越的客户体验并对所有利益相关者产生积极影响将带来持续的长期可持续增长和盈利能力，”招股说明书中包含的联席首席执行官的一封信中说道。</blockquote></p><p> A pair of Warby Parker spectacles starts at a price of $95 including prescription lenses, and can be purchased digitally, using a free home try-on system or virtual trial system, as well as at145 Warby Parker shops. The company keeps prices low by selling direct-to-consumer and bypassing middlemen.</p><p><blockquote>一副Warby Parker眼镜起价95美元，包括处方镜片，可以使用免费的家庭试穿系统或虚拟试穿系统，以及在145家Warby Parker商店购买。该公司通过直接向消费者销售和绕过中间商来保持低价。</blockquote></p><p> The company had a net loss of $55.9 million in 2020, after breakeven in 2019 and a loss of $22.9 million in 2018. It chalked up $393.7 million of revenue in 2020, up from $370.5 million in 2019.</p><p><blockquote>继 2019 年实现盈亏平衡和 2018 年亏损 2290 万美元之后，该公司 2020 年净亏损 5590 万美元。该公司预计 2020 年收入为 3.937 亿美元，高于 2019 年的 3.705 亿美元。</blockquote></p><p> Some 95% of net revenue in 2020 came from the sale of glasses, 2% of revenue was generated by the sale of contact lenses, 1% by eye exams and 2% by eyewear accessories. The company is expecting to expand its customer base for eye exams.</p><p><blockquote>2020年约95%的净收入来自眼镜销售，2%的收入来自隐形眼镜销售，1%来自眼科检查，2%来自眼镜配件。该公司预计将扩大眼科检查的客户群。</blockquote></p><p> For the six months ending June 30, 2021, net losses were $7.3 million and revenue totaled $270.5 million. The company has more than two million active customers and nearly 3,000 workers.</p><p><blockquote>截至2021年6月30日的六个月，净亏损为730万美元，收入总计2.705亿美元。该公司拥有200多万活跃客户和近3000名员工。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3510dd6c717e636f33784d4f89bd9ce3\" tg-width=\"506\" tg-height=\"706\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> About 76% of Americans were using some kind of vision correction in 2020, according to data provided by the prospectus. The number of Americans ages 65 and over will more than double over the next 40 years and at least 84% of people in this older age group wear corrective lenses. Increasing use of screens like mobile devices and computers has contributed to the need for vision correction. Glasses are replaced every two-to-two-and-a-half years.</p><p><blockquote>根据招股说明书提供的数据，2020 年约有 76% 的美国人使用某种视力矫正。未来40年，65岁及以上的美国人数量将增加一倍以上，这个老年群体中至少有84%的人佩戴矫正镜片。移动设备和计算机等屏幕的使用越来越多，导致了视力矫正的需求。眼镜每两到两年半更换一次。</blockquote></p><p> Warby Parker says that between 2015 and 2019, it had a 50% sales retention rate within two years of the first purchase among customers it acquired. The retention rate was nearly 100% after four years during that same period.</p><p><blockquote>Warby Parker 表示，2015 年至 2019 年间，其获得的客户在首次购买后两年内的销售保留率达到 50%。同期四年后，保留率接近100%。</blockquote></p><p> The vision care industry is expected to grow at a 9.2% compound annual growth rate (CAGR) between 2020 and 2025, according to Statista data provided in the prospectus.</p><p><blockquote>根据招股说明书中提供的Statista数据，2020年至2025年间，视力保健行业预计将以9.2%的复合年增长率（CAGR）增长。</blockquote></p><p> Here are five other things to know about Warby Parker before it goes public:</p><p><blockquote>在 Warby Parker 上市之前，您还需要了解以下五件事：</blockquote></p><p> <b>Most decision-making power will be in the hands of Warby Parker's co-founders and co-CEOs</b></p><p><blockquote><b>大部分决策权将掌握在 Warby Parker 的联合创始人和联合首席执行官手中</b></blockquote></p><p> The company's stock structure post-IPO will give the company's founders and top executives considerable control that could last until Oct. 1, 2031.</p><p><blockquote>公司IPO后的股票结构将赋予公司创始人和高管相当大的控制权，这种控制权可能会持续到2031年10月1日。</blockquote></p><p> \"Because of the ten-to-one voting ratio between our class B and class A common stock, our co-founders and co-CEOs collectively could continue to control a significant percentage of the combined voting power of our common stock and therefore would be able to control all matters submitted to our stockholders for approval until the date of automatic conversion, when all shares outstanding of Class B common stock will convert automatically into shares of Class A common stock,\" the prospectus says.</p><p><blockquote>“由于我们的 B 类普通股和 A 类普通股之间的投票比例为 10 比 1，我们的联合创始人和联合首席执行官可以共同继续控制我们普通股合并投票权的很大一部分，因此将能够控制所有事项提交给我们的股东批准，直到自动转换之日，届时所有已发行的 B 类普通股将自动转换为 A 类普通股，”招股说明书称。</blockquote></p><p> That means other shareholders will have little say in the running of the company and will not influence such decisions as the election of directors, amendments of organizational documents, and any merger, consolidation, or sale of some or all of its assets.</p><p><blockquote>这意味着其他股东在公司运营中几乎没有发言权，也不会影响董事选举、组织文件修订以及部分或全部资产的任何合并、整合或出售等决策。</blockquote></p><p> As a loss-making company, it will not pay a dividend for the foreseeable future.</p><p><blockquote>作为一家亏损公司，它在可预见的未来不会支付股息。</blockquote></p><p> <b>Warby Parker does most things in-house -- and that could limit its ability to grow</b></p><p><blockquote><b>Warby Parker 大部分事情都是在内部完成的，这可能会限制其增长能力</b></blockquote></p><p> Warby Parker says its business model, which has it do most things in-house, could cause problems.</p><p><blockquote>Warby Parker 表示，其商业模式（大部分事情都在内部完成）可能会引发问题。</blockquote></p><p> \"[T]he vertically integrated nature of our business, where we design all of our own glasses in our New York headquarters, contract manufacture all of our glass frames, fulfill the glasses we sell at our own optical and fulfillment laboratories as well as at third-party contract laboratories, sell our products exclusively through our own retail stores, e-commerce site and mobile application, and service our products, exposes us to risk and disruption at many points that are critical to successfully operating our business, and may make it more difficult for us to scale our business,\" the prospectus says.</p><p><blockquote>“我们业务的垂直整合性质，我们在纽约总部设计所有自己的眼镜，代工制造所有玻璃框，在我们自己的光学和履行实验室以及第三方合同实验室履行我们销售的眼镜，仅通过我们自己的零售店、电子商务网站和移动应用程序销售我们的产品，并为我们的产品提供服务，这使我们在许多对成功运营业务至关重要的点上面临风险和中断，并可能使我们更难扩大业务规模，”招股说明书称。</blockquote></p><p> <b>Supply chain troubles outside of those caused by COVID-19 could arise</b></p><p><blockquote><b>COVID-19 引起的供应链问题之外可能会出现供应链问题</b></blockquote></p><p> Supply chain problems have plagued companies across the consumer space this year. But the company warns that its operations are vulnerable to other challenges as well.</p><p><blockquote>今年，供应链问题困扰着整个消费领域的公司。但该公司警告称，其运营也容易受到其他挑战。</blockquote></p><p> Warby Parker gets more than half of the cellulose acetate used in its frames from a single supplier. Other components are sourced from the U.S., China, Italy, Vietnam, and Japan. The company also uses third-party contractors on certain items, but doesn't have long-term contracts with these suppliers.</p><p><blockquote>Warby Parker 从单一供应商处获得其镜架中使用的醋酸纤维素一半以上。其他组件来自美国、中国、意大利、越南和日本。该公司还在某些项目上使用第三方承包商，但与这些供应商没有长期合同。</blockquote></p><p> \"We are therefore subject to the risk of shortages and long lead times in the supply of these components and the risk that our suppliers discontinue or modify components used in our products,\" the prospectus says.</p><p><blockquote>招股说明书称：“因此，我们面临这些组件供应短缺和交货时间长的风险，以及我们的供应商停产或修改我们产品中使用的组件的风险。”</blockquote></p><p> \"We may in the future experience component shortages, and the predictability of the availability of these components may be limited, which may be heightened in light of the ongoing COVID-19 pandemic.\"</p><p><blockquote>“我们未来可能会遇到组件短缺，这些组件可用性的可预测性可能会受到限制，鉴于持续的 COVID-19 大流行，这种情况可能会加剧。”</blockquote></p><p> <b>Warby Parker says customers are slow to adopt e-commerce for eyeglasses</b></p><p><blockquote><b>Warby Parker 表示顾客在眼镜电子商务方面进展缓慢</b></blockquote></p><p> Warby Parker offers online shopping for eyeglasses, one of the most significant ways the company differentiates itself from a crowded competitive field. But the company says many customers are more comfortable shopping for eyeglasses in person.</p><p><blockquote>Warby Parker 提供眼镜在线购物服务，这是该公司在拥挤的竞争领域中脱颖而出的最重要方式之一。但该公司表示，许多顾客更愿意亲自购买眼镜。</blockquote></p><p> \"Improving upon the consumer in-store experience through an online platform is difficult due to broad consumer demands on selection, quality, convenience, and affordability,\" the prospectus says.</p><p><blockquote>招股说明书称：“由于消费者对选择、质量、便利性和可负担性的广泛需求，通过在线平台改善消费者的店内体验是困难的。”</blockquote></p><p> When the company first started, less than 2.5% of glasses were purchased online. Even now, the company says it has \"historically generated a significant portion of our revenue from our retail stores, and our growth strategy will depend, in large part, on acquiring customers through the growth of our retail store base and expansion of our existing retail store operations.\"</p><p><blockquote>当公司刚开始时，不到2.5%的眼镜是在网上购买的。即使是现在，该公司表示，它“历史上很大一部分收入来自零售店，我们的增长战略将在很大程度上取决于通过零售店基础的增长和现有零售店业务的扩张来获取客户。”</blockquote></p><p> <b>Warby Parker's business is actually seasonal</b></p><p><blockquote><b>沃比·帕克的生意实际上是季节性的</b></blockquote></p><p> Customers eager to use health benefits before the end of a calendar year tend to boost demand in December.</p><p><blockquote>渴望在日历年结束前使用健康福利的客户往往会在12月份增加需求。</blockquote></p><p></p><p> \"Consistent with our policy to recognize revenue upon order delivery, any orders placed at the end of December are recognized as revenue upon delivery which may occur in the following year,\" Warby Parker said.</p><p><blockquote>Warby Parker 表示：“根据我们在订单交付时确认收入的政策，12 月底下的任何订单都会在下一年可能发生的交付时确认为收入。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/warby-parker-ipo-5-things-to-know-about-the-affordable-eyeglass-maker-before-its-direct-listing-11630520146?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/warby-parker-ipo-5-things-to-know-about-the-affordable-eyeglass-maker-before-its-direct-listing-11630520146?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171115602","content_text":"Eyewear maker Warby Parker spikes 34% on its first day of trading.\n\nNYSE assigns reference price of $40, trading to begin Wednesday\nWarby Parker is focused on both business and giving back, the prospectus says.\nWarby Parker Inc., the company known for its affordable eyeglasses sold online, through its app and in stores, is begining trading Wednesday in a direct listing.\nOn Tuesday, the New York Stock Exchange assigned a $40 reference price to the New York City-based company's listing, which is expected to begin trading Wednesday under the ticker symbol \"WRBY\" . The company has about 111.5 million shares outstanding, giving it a valuation around $4.6 billion at that reference price.\nReference prices for direct listings are based on trading prices in private markets ahead of companies filing with the Securities and Exchange Commission for a public listing. Direct listings differ from IPOs because there is no capital raised, which is what places a dollar figure on shares in an IPO. Direct listings are largely expected to trade higher than the reference price.\nWarby Parker will offer class A stock, eligible for one vote per share; class B stock, which entitles shareholders to 10 votes per share and can be converted to class A shares; and class C shares, which carry no voting rights.\nWarby Parker will be an emerging growth company, which means it does not have to make the same disclosures required of bigger public companies. A business remains an emerging growth company until it reaches a number of milestones, including annual revenue of more than $1.07 billion.\nNeil Blumenthal and Dave Gilboa, ages 41 and 40 respectively, are co-founders, co-chairs and co-chief executives of the company.\nPrior to Warby Parker, Blumenthal was a director at VisionSpring, a nonprofit that trains men and women in developing countries to sell affordable eyewear. Blumenthal is also a director at Allbirds, which filed to go public this week, at salad chain Sweetgreen and a number of nonprofit organizations including Warby Parker Impact Foundation and RxArt.\nGilboa worked at consulting firm Bain & Company and merchant bank Allen & Co. prior to Warby Parker. He also serves on the board of the Warby Parker Impact Foundation.\nAndrew Hunt and Jeffrey Raider, both age 40, are the other two co-founders of Warby Parker and both serve as directors. Also on the board is Ronald Williams, age 71, and former CEO of Aetna from 2006 to 2010.\nWarby Parker was founded in 2010 and inspired by the founders' concerns that glasses were expensive and the process of buying them inconvenient.\nIn its prospectus, Warby Parker says it is driven to do good and make customers happy. In addition to making glasses more affordable, Warby Parker has distributed more than 8 million pairs of glasses through the Buy a Pair, Give a Pair program. The company is also carbon neutral, which it has achieved through purchasing offsets.\n\"[This motivation] pushes us to defy convention -- and, at times, to forego short-term profits -- but we believe delivering remarkable customer experiences and making a positive impact on all stakeholders will lead to continued long-term sustainable growth and profitability,\" says a letter from the co-CEOs included in the prospectus.\nA pair of Warby Parker spectacles starts at a price of $95 including prescription lenses, and can be purchased digitally, using a free home try-on system or virtual trial system, as well as at145 Warby Parker shops. The company keeps prices low by selling direct-to-consumer and bypassing middlemen.\nThe company had a net loss of $55.9 million in 2020, after breakeven in 2019 and a loss of $22.9 million in 2018. It chalked up $393.7 million of revenue in 2020, up from $370.5 million in 2019.\nSome 95% of net revenue in 2020 came from the sale of glasses, 2% of revenue was generated by the sale of contact lenses, 1% by eye exams and 2% by eyewear accessories. The company is expecting to expand its customer base for eye exams.\nFor the six months ending June 30, 2021, net losses were $7.3 million and revenue totaled $270.5 million. The company has more than two million active customers and nearly 3,000 workers.\n\nAbout 76% of Americans were using some kind of vision correction in 2020, according to data provided by the prospectus. The number of Americans ages 65 and over will more than double over the next 40 years and at least 84% of people in this older age group wear corrective lenses. Increasing use of screens like mobile devices and computers has contributed to the need for vision correction. Glasses are replaced every two-to-two-and-a-half years.\nWarby Parker says that between 2015 and 2019, it had a 50% sales retention rate within two years of the first purchase among customers it acquired. The retention rate was nearly 100% after four years during that same period.\nThe vision care industry is expected to grow at a 9.2% compound annual growth rate (CAGR) between 2020 and 2025, according to Statista data provided in the prospectus.\nHere are five other things to know about Warby Parker before it goes public:\nMost decision-making power will be in the hands of Warby Parker's co-founders and co-CEOs\nThe company's stock structure post-IPO will give the company's founders and top executives considerable control that could last until Oct. 1, 2031.\n\"Because of the ten-to-one voting ratio between our class B and class A common stock, our co-founders and co-CEOs collectively could continue to control a significant percentage of the combined voting power of our common stock and therefore would be able to control all matters submitted to our stockholders for approval until the date of automatic conversion, when all shares outstanding of Class B common stock will convert automatically into shares of Class A common stock,\" the prospectus says.\nThat means other shareholders will have little say in the running of the company and will not influence such decisions as the election of directors, amendments of organizational documents, and any merger, consolidation, or sale of some or all of its assets.\nAs a loss-making company, it will not pay a dividend for the foreseeable future.\nWarby Parker does most things in-house -- and that could limit its ability to grow\nWarby Parker says its business model, which has it do most things in-house, could cause problems.\n\"[T]he vertically integrated nature of our business, where we design all of our own glasses in our New York headquarters, contract manufacture all of our glass frames, fulfill the glasses we sell at our own optical and fulfillment laboratories as well as at third-party contract laboratories, sell our products exclusively through our own retail stores, e-commerce site and mobile application, and service our products, exposes us to risk and disruption at many points that are critical to successfully operating our business, and may make it more difficult for us to scale our business,\" the prospectus says.\nSupply chain troubles outside of those caused by COVID-19 could arise\nSupply chain problems have plagued companies across the consumer space this year. But the company warns that its operations are vulnerable to other challenges as well.\nWarby Parker gets more than half of the cellulose acetate used in its frames from a single supplier. Other components are sourced from the U.S., China, Italy, Vietnam, and Japan. The company also uses third-party contractors on certain items, but doesn't have long-term contracts with these suppliers.\n\"We are therefore subject to the risk of shortages and long lead times in the supply of these components and the risk that our suppliers discontinue or modify components used in our products,\" the prospectus says.\n\"We may in the future experience component shortages, and the predictability of the availability of these components may be limited, which may be heightened in light of the ongoing COVID-19 pandemic.\"\nWarby Parker says customers are slow to adopt e-commerce for eyeglasses\nWarby Parker offers online shopping for eyeglasses, one of the most significant ways the company differentiates itself from a crowded competitive field. But the company says many customers are more comfortable shopping for eyeglasses in person.\n\"Improving upon the consumer in-store experience through an online platform is difficult due to broad consumer demands on selection, quality, convenience, and affordability,\" the prospectus says.\nWhen the company first started, less than 2.5% of glasses were purchased online. Even now, the company says it has \"historically generated a significant portion of our revenue from our retail stores, and our growth strategy will depend, in large part, on acquiring customers through the growth of our retail store base and expansion of our existing retail store operations.\"\nWarby Parker's business is actually seasonal\nCustomers eager to use health benefits before the end of a calendar year tend to boost demand in December.\n\"Consistent with our policy to recognize revenue upon order delivery, any orders placed at the end of December are recognized as revenue upon delivery which may occur in the following year,\" Warby Parker said.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}