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ZEPP - Zepp Health reports Q2 earnings; initiates Q3 outlook
Zepp Health Corporation American Depositary Shares
2023-08-21 06:26:24 ET
Zepp Health press release ( NYSE: ZEPP ): Q2 Non-GAAP EPS of -$0.13 misses by $0.12 .
Revenue of $89.4M (-41.5% Y/Y).
Total units shipped in the second quarter of 2023 decreased by 39.7% year-over-year to 3.8 million, compared with 6.3 million in the second quarter of 2022.
Outlook: For the third quarter of 2023, the Company's management currently expects net revenues to be between RMB600 million and RMB800 million, compared with RMB1.21 billion in the third quarter of 2022.