Recap: Viomi Technology Q3 Earnings

Shares of Viomi Technology Co VIOT rose 0.6% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 50.00% over the past year to $0.07, which missed the estimate of $0.13.

Revenue of $218,973,000 rose by 46.34% from the same period last year, which missed the estimate of $231,120,000.

Outlook

The upcoming fiscal year's revenue expected to be between $860,139,000 and $874,867,000.

Conference Call Details

Date: Nov 25, 2020

Time: 07:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/vgjroeck

Technicals

52-week high: $9.87

Company's 52-week low was at $4.20

Price action over last quarter: Up 14.91%

Company Profile

Viomi Technology Co Ltd along with its subsidiaries provides Internet of Things (IoT) enabled smart home products through its platform. Products offered by the company include 21Face smart refrigerator, Viomi dishwasher, Eyebot smart range hood, VioV smart speaker, smart mirror, smart water purification systems, smart kitchen products and other smart products. It generates revenues mainly from the sales of its IoT products, consumable products and from our value-added businesses.