Zepp Health Corporation (ZEPP) Misses Q1 EPS by 25c, Revenue Misses

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Go back to Zepp Health Corporation (ZEPP) Misses Q1 EPS by 25c, Revenue Misses

Zepp Health Corporation Reports First Quarter 2022 Unaudited Financial Results

May 24, 2022 6:30 AM EDT

BEIJING, May 24, 2022 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today reported revenue of RMB0.8 billion (US$119.4 million); GAAP diluted net loss per share of RMB0.36 (US$0.06); and GAAP diluted net loss per ADS of RMB1.42 (US$0.22) for the first quarter ended March 31, 2022. Each ADS represents four Class A ordinary shares.

"We achieved RMB0.8 billion in revenue in the first quarter, meeting our guidance range despite the pandemic resurgence and a slowdown in consumer discretionary spending due to geopolitical and macroeconomic factors during the... More