Zepp Health Third Quarter 2024 Earnings: US$0.82 loss per share (vs US$0.027 profit in 3Q 2023)
Zepp Health (NYSE:ZEPP) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$42.5m (down 49% from 3Q 2023).
- Net loss: US$13.3m (down from US$407.5k profit in 3Q 2023).
- US$0.82 loss per share (down from US$0.027 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zepp Health Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's shares are down 15% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Zepp Health that you need to be mindful of.
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Discover if Zepp Health might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About NYSE:ZEPP
Zepp Health
Operates as a smart wearable and health technology company worldwide.
Good value with adequate balance sheet.