- Viomi Technology (NASDAQ:VIOT): Q2 Non-GAAP EPADS of $0.12 in-line; GAAP EPADS of $0.10 misses by $0.02.
- Revenue of $256.9M (+7.8% Y/Y) misses by $37.86M.
- Press Release
- Gross margin was 21.2%, compared to 14.3% for the second quarter of 2020.
For the third quarter of 2021, the Company currently expects: Net revenues to be between RMB1.0 billion and RMB1.1 billion vs. estimated growth of 26.59% Y/Y.
The Company expects the sales of Xiaomi-branded sweeper robots to decrease from the third quarter and the own-branded sweeper robot business to achieve faster growth, which will become one of the main categories.
Viomi Technology EPADS in-line, misses on revenue; issues Q3 revenue guidance
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| Symbol | Last Price | % Chg |
|---|---|---|
| VIOT | - | - |
| Viomi Technology Co., Ltd | ||