Huami Corporation (HMI) Reports Q4 EPS of $0.33, Revenues Beat

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Huami Corporation Reports Fourth Quarter and Full Year 2018 Unaudited Financial Results

March 14, 2019 5:43 AM EDT

BEIJING, March 14, 2019 /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 fourth quarter and full year ended December 31, 2018.

Fourth Quarter 2018 Financial and Operating Highlights

Revenues[1] reached RMB1,224.6 million (US$178.1 million), representing an increase of 62.7% from the fourth quarter of 2017. Gross margin was 25.2%, compared with 22.2% for the fourth quarter of 2017. Net income attributable to... More