Viomi Technology Co., Ltd Reports Fourth Quarter and Full Year 2019 Unaudited Financial Results
Viomi Technology Co., Ltd - American Depositary Shares (VIOT)
Last viomi technology co., ltd - american depositary shares earnings: 3/26 06:00 am
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Source: GlobeNewswire
GUANGZHOU, China, March 26, 2020 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019. Fourth Quarter 2019 Financial and Operating Highlights Net revenues reached RMB1,741.7 million (US$250.2 million), an increase of 82.2% from the fourth quarter of 2018.Gross margin was 19.9%, compared to 27.0% for the fourth quarter of 2018.Net income was RMB90.2 million (US$13.0 million), an increase of 64.4% from the fourth quarter of 2018.Non-GAAP net income1 was RMB100.7 million (US$14.5 million), an increase of 54.6% from the fourth quarter of 2018.Number of household users reached more than 3.2 million, compared to approximately 2.6 million as of the end of the third quarter of 2019 and approximately 1.7 million as of the end of the fourth quarter of 2018.Percentage of household users with at leas
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VIOT
Sec Filings
- 11/12/24 - Form SC
- 10/23/24 - Form 6-K
- 9/3/24 - Form 6-K
- VIOT's page on the SEC website