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Stock impact report

Zepp Health Corporation Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]

Zepp Health Corporation American Depositary Shares (ZEPP) 
Company Research Source: Yahoo! Finance
million ( RMB0 .6 billion); a basic and diluted net loss per share of US$0 .005 (RMB0.03); and a basic and diluted net loss per ADS of US$0 .02 (RMB0.14) for the fourth quarter ended December 31, 2023 ; adjusted basic and diluted net income per share of US$0 .002 (RMB0.01); and adjusted basic and diluted net income per ADS of US$0 .01 (RMB0.06). Each ADS represents four Class A ordinary shares. Mr. Wang 'Wayne' Huang, Chairman and CEO of Zepp, commented, "In the fourth quarter, we continued to make substantial progress in our strategic transformation, a journey characterized by both achievements and challenges. Our approach to balancing profitability with scale has yielded promising results, achieving a second consecutive quarter of profitability and reaching an all-time high in gross margin. These accomplishments demonstrated the strength of our product capability, along with the success of our branding and go-to-market strategy. As we conclude 2023, these accomplishments not only Show less Read more
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