Huami Corporation (HMI) Tops Q2 EPS by 13c, Revenues Beat
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Huami Corporation Reports Second Quarter 2018 Unaudited Financial Results
August 20, 2018 6:00 AM EDTRevenues up 54.8% Year-over-Year to RMB760.1 Million, Exceeding Guidance Range
BEIJING, Aug. 20, 2018 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE: HMI), a biometric and activity data-driven company with significant expertise in smart wearable technology, today announced its unaudited financial results for the second quarter ended June 30, 2018.
Second Quarter 2018 Financial and Operating Highlights
Revenues1 reached RMB760.1 million (US$114.9 million), representing an increase of 54.8% from the second quarter of 2017. Gross margin was 25.9%, no material change from the second quarter of 2017.... More