Huami Technology (HMI.US)'s first quarter revenue fell 55.5% to 287 million yuan, and gross margin rose sharply to 36.8%
GLONGHUI May 22丨Huami Technology (HMI.US) released financial results for the first quarter of 2024 ending March 31. According to financial reports, Huami Technology's revenue for the first quarter was 287.2 million yuan, a year-on-year decline of 55.5%. The gross margin for the first quarter of 2024 reached 36.8%, compared to 15.9% for the same period in 2023. The net loss was $105.8 million, compared with a net loss of $136.9 million for the same period last year. Excluding US GAAP, the adjusted net loss was $897 million, compared with a net loss of $112.7 million for the same period last year. Net loss per ADS after adjustment 0.1 for the first quarter
Zepp Health Reports Record Margins Amidst Q1 Losses
Zepp Health | 6-K: Report of foreign private issuer (related to financial reporting)
Earnings Call Summary | Zepp Health(ZEPP.US) Q1 2024 Earnings Conference
The following is a summary of the Zepp Health Corporation (ZEPP) Q1 2024 Earnings Call Transcript:Financial Performance:Zepp Health reported a significant increase in gross margin to 37% in Q1 2024 fr
Express News | Zepp Health Shares Are Trading Lower After the Company Reported Worse-than-expected Q1 Financial Results
Huami Technology's Q1 revenue fell 55% year over year, and gross margin reached a record high
Huami Technology's Q1 revenue was US$39.8 million, a year-on-year decrease of 55.5%.
Zepp Health Non-GAAP EPADS of -$0.19 Misses by $0.16, Revenue of $39.8M Misses by $5.61M
Zepp Health Q1 Adjusted Loss Per ADS $(0.19) Misses $(0.03) Estimate, Sales $39.80M Miss $46.24M Estimate
Zepp Health (NYSE:ZEPP) reported quarterly Adj losses of $(0.19) per ADS which missed the analyst consensus estimate of $(0.03) by 533.33 percent. This is a 29.63 percent increase over losses of $(0.2
Express News | Zepp Health Corp: Sees Q2 Net Revenues to Be Between US$40 Mln and US$55 Mln
Express News | Zepp Health Corp: Qtrly Revenues US$39.8 Mln, a Decrease by 55.5% From Q1 of 2023
Zepp Health 1Q Loss/Shr 6c >ZEPP
Zepp Health 1Q Loss/Shr 6c >ZEPP
Zepp Health 1Q Rev $39.8M >ZEPP
Zepp Health 1Q Rev $39.8M >ZEPP
Express News | Zepp Health Corp: Qtrly Basic and Diluted Net Loss per Ads of US$0.23
Express News | Zepp Health Q1 Gross Margin 37%
Press Release: Zepp Health Corporation Reports First Quarter 2024 Unaudited Financial Results
Zepp Health Corporation (NYSE: ZEPP) today reported revenues of US$39.8 million; a basic and diluted net loss per share of US$0.06; and a basic and diluted net loss per ADS of US$0.23 for the first quarter ended March 31, 2024; adjusted basic and diluted net loss per share of US$0.05; and adjusted basic and diluted net loss per ADS of US$0.19. Each ADS represents four Class A ordinary shares.
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Express News | Zepp Health's Amazfit Signs Multi-Year Partnership as Official Sponsor of Escape From Alcatraz Triathlon
Huami Technology (ZEPP.US) received a notice from the NYSE that it did not meet the minimum share price requirement
The Zhitong Finance App learned that Huami Technology (ZEPP.US) received a notice of non-compliance from the New York Stock Exchange because the closing price of the company's American Depositary Shares (ADS) fell below $1 for 30 consecutive trading days. The company had six months to meet the minimum share price requirement again. The NYSE notice will not immediately affect Huami Technology's common stock, nor will it affect the company's ongoing business operations or its reporting obligations under SEC rules.
Zepp Health Receives Noncompliance Letter From Nasdaq
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