What long-term trends can investors see in ECX's recent earnings?

ECARX Holdings (ECX) has reported a net loss of $5.41 million for the quarter ending December 31, 2024, with a diluted EPS of -$0.02, and total revenue of $265.87 million, reflecting a 0.71% growth rate. Despite the negative net income, the company has shown a significant year-over-year growth in net income, with an 88.24% increase, and a substantial improvement in the diluted EPS, which has grown by 87.98%. These trends indicate that ECX is making progress in improving profitability, although it still has a way to go to reach break-even. |code|Ticker|Name|Date|Total Revenue|Net Income|market_code| |---|---|---|---|---|---|---| |ECX|ECX.O|ECARX Holdings|2024 Q1|1.2851266536E8|-4.185421648E7|185| |ECX|ECX.O|ECARX Holdings|2024 Q2|1.7303775935E8|-4.2162043312E7|185| |ECX|ECX.O|ECARX Holdings|2024 Q3|2.03103625158E8|-4.84496124E7|185| |ECX|ECX.O|ECARX Holdings|2024 Q4|2.65874813208E8|-5411477.88|185| |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |ECX|ECX.O|ECARX Holdings|2024 Q1|-30.97825127058927|-0.116338656|185| |ECX|ECX.O|ECARX Holdings|2024 Q2|-61.18502593424587|-0.1155878472|185| |ECX|ECX.O|ECARX Holdings|2024 Q3|-27.655893405104802|-0.1382238942|185| |ECX|ECX.O|ECARX Holdings|2024 Q4|87.97808327815189|-0.0150699384|185| |code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code| |---|---|---|---|---|---|---|---| |ECX|ECX.O|ECARX Holdings|2024 Q1|-31.010943241974694|15.354013490187521|-30.97825127058927|185| |ECX|ECX.O|ECARX Holdings|2024 Q2|-60.9950588784293|30.512655723304537|-61.18502593424587|185| |ECX|ECX.O|ECARX Holdings|2024 Q3|-24.86343381126899|36.123836770896254|-27.655893405104802|185| |ECX|ECX.O|ECARX Holdings|2024 Q4|88.23968382567908|0.708741056826262|87.97808327815189|185|