Viomi Technology Co. (VIOT) Tops Q4 EPS by 45c

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Viomi Technology Co., Ltd Reports Fourth Quarter and Full Year 2021 Unaudited Financial Results

March 28, 2022 6:00 AM EDT

Fourth quarter net revenues exceeded the previous guidance Fourth quarter gross margin continued to improve, reaching 25.6% from 23.5% a year ago  

GUANGZHOU, China, March 28, 2022 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.

Fourth Quarter 2021 Financial and Operating Highlights

Net revenues reached RMB1,332.8 million (US$209.1 million), compared to RMB1,889.0 million... More