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

November 23, 2022 5:00 AM EST

GUANGZHOU, China, Nov. 23, 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 third quarter ended September 30, 2022.

Third Quarter 2022 Financial and Operating Highlights

Net revenues reached RMB685.8 million (US$96.4 million), compared to RMB1,056.5 million for the third quarter of 2021.Gross margin was 19.8%.Number of cumulative household users reached... More