Zepp Health Corporation (ZEPP) Reports Q1 Loss of $0.07/sh

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Go back to Zepp Health Corporation (ZEPP) Reports Q1 Loss of $0.07/sh

Zepp Health Corp. Reports First Quarter 2021 Unaudited Financial Results

May 13, 2021 6:00 AM EDT

BEIJING, May 13, 2021 /PRNewswire/ -- Zepp Health Corp. (NYSE: ZEPP) today reported revenue of RMB1.1 billion (US$175.1 million); GAAP diluted net loss per share of RMB0.16 (US$0.02); and GAAP diluted net loss per ADS of RMB0.64 (US$0.10) for the first quarter ended March 31, 2021. Each ADS represents four (4) Class A ordinary shares.

"We reached the high end of our guidance range, leveraging the growing revenue from sale of our self-branded Amazfit and Zepp products, which grew 84% year-over-year in the first quarter, despite the continuing pandemic prevailing in many of... More