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0.0569105691056911 0.0569105691056911 0.0650406504065041 0.0650406504065041 0.0650406504065041 0.0650406504065041 0.016260162601626 0.0813008130081301
Stock impact report

Zepp Health Corporation Reports Third Quarter 2023 Unaudited Financial Results [Yahoo! Finance]

Zepp Health Corporation American depositary shares, each representing sixteen Class A ordinary shares (ZEPP) 
Company Research Source: Yahoo! Finance
billion ( US$82.5 million ); a basic and diluted net income per share of RMB0.01 (US$0.002) ; and a basic and diluted net income per ADS of RMB0 .05 (US$0.01) for the third quarter ended September 30, 2023 . Each ADS represents four Class A ordinary shares. Mr. Wayne Wang Huang, Chairman and CEO of Zepp, commented, "In the third quarter, we achieved a business turnaround, returning to profitability after six loss-making quarters. Despite a year-over-year revenue decline, our high-margin self-branded products' contribution to our top line grew to approximately 80%. This accomplishment reaffirms the effectiveness of our operational strategy and early success in our business model transformation." Mr. Huang continued, "We sustained our self-branded products' strong performance in this quarter, thanks to our expanded AI-empowered product portfolio and elevated brand influence around the globe. In September 2023 , we launched Amazfit Balance (previously GT series) at IFA Berlin with se Show less Read more
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