Zepp Health Corporation Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results
Zepp Health Corporation American depositary shares, each representing sixteen Class A ordinary shares (ZEPP)
Company Research
Source: PR Newswire
MILPITAS, Calif., March 26, 2025 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today announced its unaudited financial results for the fourth quarter of 2024.Fourth Quarter 2024 Financial and Operating Highlights:Revenue reached US$59.5 million representing a 40.2% of quarter over quarter increase, out of which our Amazfit-branded products grew by 43.4% quarter-over-quarter.Gross margin was 36.8% compared with 34.7% in the same period last year.Adjusted operating loss[1] was US$7.4 million, which was the lowest level in 2024.Full Year 2024 Financial and Operating Highlights:Gross margin was 38.5% compared with 26.2% in the full year of 2023.Adjusted operating expenses[2] was US$110.4 million,
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