For Q4, Zepp Health Expects Net Revenues Of RMB600M-RMB850M Vs. RMB1.07B In Q4 FY22
Portfolio Pulse from Benzinga Newsdesk
Zepp Health projects Q4 net revenues to be between RMB600M and RMB850M, a decrease from RMB1.07B in the same quarter of the previous fiscal year.
November 20, 2023 | 10:23 am
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Zepp Health anticipates a significant decline in net revenues for Q4, projecting RMB600M-RMB850M versus RMB1.07B in the prior year's quarter.
The projected decrease in net revenues for Zepp Health is a negative indicator for the company's financial performance and is likely to be viewed unfavorably by investors, potentially leading to a short-term decline in stock price.
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