Huami Corporation (HMI) Tops Q3 EPS by 10c, Revenues Beat

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Go back to Huami Corporation (HMI) Tops Q3 EPS by 10c, Revenues Beat

Huami Corporation Reports Third Quarter 2019 Unaudited Financial Results

November 12, 2019 5:30 AM EST

BEIJING, Nov. 12, 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 third quarter ended September 30, 2019.

Third Quarter 2019 Financial and Operating Highlights

Revenues reached RMB1,862.5 million (US$260.6 million), representing an increase of 73.3% from the third quarter of 2018. Gross margin was 25.2%, compared with 26.7% for the third quarter of 2018. Net income attributable to Huami Corporation was RMB203.3 million (US$28.4... More