Huami Corporation (HMI) Misses Q1 EPS by 11c, Revenues Beat
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Huami Corporation Reports First Quarter 2020 Unaudited Financial Results
May 12, 2020 5:26 AM EDTBEIJING, May 12, 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 first quarter ended March 31, 2020.
First Quarter 2020 Financial and Operating Highlights
Revenues reached RMB1,088.5 million (US$153.7 million), representing an increase of 36.1% from the first quarter of 2019. Gross margin was 22.5% for the first quarter of 2020. Net income attributable to Huami Corporation was RMB19.2 million (US$2.7 million). Basic and diluted net income per... More