Zepp Health Corporation (ZEPP) Reports Q4 EPS of $0.30

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Go back to Zepp Health Corporation (ZEPP) Reports Q4 EPS of $0.30

Zepp Health Corp. Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results

March 15, 2021 6:05 AM EDT

BEIJING, March 15, 2021 /PRNewswire/ -- Zepp Health Corp. (NYSE: ZEPP) today reported revenue of RMB2.0 billion, or US$302.3 million; GAAP diluted net income per share of RMB0.44 (US$0.07), or GAAP diluted net income per ADS of RMB1.76 (US$0.27) for the fourth quarter ended December 31, 2020.

The small year-over-year decrease in fourth quarter revenue was mainly the result of a 20.8% decrease in revenue from Xiaomi products, partially offset by 25.1% growth and geographic expansion of Amazfit and Zepp-branded products. Unit shipments were affected by the timing of the new product introduction, seasonality and continued... More