Xiaomi posts jump in third-quarter revenue, beats estimates

BEIJING/SHANGHAI (Reuters) - Chinese electronics maker Xiaomi Corp posted a 30.5% jump in third-quarter revenue, boosted by the launch of its first electric vehicle, the SU7 sedan, in March. Revenue came in at 92.

5 billion yuan ($12.77 billion) in the quarter ended Sept. 30, beating an LSEG consensus estimate from 15 analysts of 91.



1 billion yuan. The manufacturer of smartphones and a wide range of home electronic goods, reported adjusted net profit climbed 4.4% to 6.

25 billion yuan, versus a consensus estimate of 5.92 billion yuan. (Reporting by Liam Mo and Brenda Goh; Editing by Edwina Gibbs).