Investing.com - Zepp Health reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Zepp Health announced earnings per share of ¥-0.04 on revenue of ¥1.2B. Analysts polled by Investing.com anticipated EPS of ¥0.59 on revenue of ¥1.33B.
Zepp Health shares are down 72.98% from the beginning of the year and are trading at ¥1.32 , down-from-52-week-high.
Zepp Health follows other major Information Technology sector earnings this month
Zepp Health's report follows an earnings beat by Apple on October 27, who reported EPS of ¥1.29 on revenue of ¥90.1B, compared to forecasts EPS of ¥1.26 on revenue of ¥88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of ¥2.35 on revenue of ¥50.1B, compared to forecast for EPS of ¥2.32 on revenue of ¥49.86B.
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