Comment on Is Huami Doomed to Become the Next Fitbit?

Is Huami Doomed to Become the Next Fitbit?

Shares of Huami (NYSE: HMI) surged 11% on May 21, after the Chinese wearables maker posted impressive first-quarter numbers. Its revenue rose 77% year over year to 585.9 million renminbi ($93.4 million), as its total shipments rose 50% to 4.8 million.Its gross margin expanded 270 basis points year over year to 25%, while its adjusted net income jumped rose more than ninefold to 92.5 million renminbi ($14.8 million), or 0.39 renminbi ($0.06) per American depositary share.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News