Huami Corporation (HMI) Reports Q3 EPS of $0.31, Revenues Beat
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Huami Corporation Reports Third Quarter 2018 Unaudited Financial Results
November 26, 2018 5:39 AM ESTBEIJING, Nov. 26, 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 third quarter ended September 30, 2018.
Third Quarter 2018 Financial and Operating Highlights
Revenues[1] reached RMB1,074.7 million (US$156.5 million), representing an increase of 126.7% from the third quarter of 2017. Gross margin was 26.7%, no material change from the third quarter of 2017. Net income attributable to Huami Corporation was RMB113.8 million (US$16.6 million), compared... More