Huami Corporation (HMI) Reports Q4 EPS of $0.50 on Revenues of $303.3M
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Huami Corporation Reports Fourth Quarter and Full Year 2019 Unaudited Financial Results
March 13, 2020 6:00 AM EDTBEIJING, March 13, 2020 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE: HMI), a cloud-based healthcare services provider with world-leading smart wearable technology, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019.
Fourth Quarter 2019 Financial and Operating Highlights
Revenues reached RMB2,111.4 million (US$303.3 million), representing an increase of 72.4% from the fourth quarter of 2018. Gross margin was 23.8%, compared with 25.2% for the fourth quarter of 2018. Net income attributable to Huami Corporation was RMB207.2 million (US$29.8... More