Viomi Technology Co. (VIOT) Reports Q2 EPS of ($0.19)

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Go back to Viomi Technology Co. (VIOT) Reports Q2 EPS of ($0.19)

Viomi Technology Co., Ltd Reports Second Quarter 2022 Unaudited Financial Results

August 22, 2022 6:00 AM EDT

Gross margin improved year-over-year to 22.1% from 21.2 %

GUANGZHOU, China, Aug. 22, 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 second quarter ended June 30, 2022.

Second Quarter 2022 Financial and Operating Highlights

Net revenues reached RMB924.2 million (US$138.0 million), compared to RMB1,658.9 million for the second quarter of 2021.Gross margin increased to 22.1% from 21.2% for the... More