Edited Transcript of HMI.N earnings conference call or presentation 12-Nov-19 12:30pm GMT [Yahoo! Finance News]
HUAMI CORP ADS (HMI)
US:NYSE Investor Relations:
huami-usa.com/investors
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Source: Yahoo! Finance News
Edited Transcript of HMI.N earnings conference call or presentation 12-Nov-19 12:30pm GMT In the third quarter, we achieved outstanding top line and bottom line growth driven by persistent development and execution of our strategic initiatives, which focus on product diversification, brand elevation and international expansion. Our third quarter revenue was RMB 1.86 billion, representing a 73.3% year-over-year increase. Our revenue performance was the result of strong sales from both the Mi Band 4 and our newly released Amazfit products as both brand categories become increasingly recognized and desired by global customers. In the third quarter, we continue to expand and diversify our Amazfit product line with the goal of targeting new customer segments and offering additional applications of usage. Following our release of multiple smart wearable products in the second quarter, we recently launched the Amazfit GTS and the Amazfit Stratos 3, the latter of which is an updated model of
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