ZEPP - Zepp Health Non-GAAP EPS of -$0.27 revenue of $93.9M

May, 23 2023 06:51 AM Zepp Health Corporation American Depositary Shares

2023-05-23 06:51:16 ET

Zepp Health press release ( NYSE: ZEPP ): Q1 Non-GAAP EPS of -$0.27.
Revenue of $93.9M (-21.4% Y/Y).
Total units shipped in the first quarter of 2023 decreased by 5.4% year-over-year to 3.5 million, compared with 3.7 million in the first quarter of 2022.
Gross margin in the first quarter of 2023 was 15.9%, 4.2 percentage points lower than 20.1% in the same period of 2022.
Operating loss for the first quarter of 2023 was RMB150.9 million, compared with operating loss of RMB155.4 million for the same period in 2022.
Net loss attributable to Zepp Health Corporation for the first quarter of 2023 was RMB136.7 million, compared with RMB88.7 million of net loss in the first quarter of 2022.

For further details see:

Company Name:	Zepp Health Corporation American Depositary Shares
Stock Symbol:	ZEPP
Market:	NYSE
Website:	zepp.com