Viomi Technology Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Viomi Technology (NASDAQ:VIOT) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥2.12b (down 15% from FY 2023).
• Net income: CN¥145.8m (up from CN¥84.7m loss in FY 2023).
• Profit margin: 6.9% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: CN¥2.14 (up from CN¥1.23 loss in FY 2023).

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Viomi Technology EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 111%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Viomi Technology that you need to be mindful of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.