Welcome to our dedicated page for Viomi Technology Co., Ltd. news (Ticker: VIOT), a resource for investors and traders seeking the latest updates and insights on Viomi Technology Co., Ltd. stock.
Viomi Technology Co., Ltd (VIOT) drives innovation in IoT-enabled smart home ecosystems and AI-powered water purification systems. This dedicated news hub provides investors and industry observers with essential updates on corporate developments, technological breakthroughs, and market positioning strategies.
Access real-time announcements including quarterly earnings reports, product launch details, strategic partnerships, and operational milestones. Our curated collection ensures you stay informed about VIOT's advancements in smart kitchen appliances, water filtration technologies, and IoT platform expansions.
Key updates cover R&D investments, manufacturing optimizations at Viomi's Gigafactory, and consumer-focused innovations in home automation. Bookmark this page for verified information directly from corporate communications and trusted financial analysis sources.
AWE2023 commenced on April 27 at the Shanghai New International Expo Centre, showcasing over 1,000 exhibitors under the theme "Smartize the Future." The event covers 150,000 square meters across 13 halls, focusing on the latest innovations in home appliances and consumer electronics.
Exhibitors include major brands like Miele, Sony, Samsung, and Viomi, highlighting advancements in smart home technology and consumer electronics. Notable showcases include Haier's Smart Home products, Huawei's immersive smart home experience, and TCL's IoT innovations.
The event also features new AR/VR technologies, smart appliances, and vehicles, such as the AITO M5 Intelligent Driving Edition. With increased international participation post-COVID, AWE2023 emphasizes the growth of smart living solutions.
Viomi Technology Co., Ltd (NASDAQ: VIOT) has filed its annual report on Form 20-F for the year ended December 31, 2022, with the U.S. Securities and Exchange Commission (SEC) on April 25, 2023. This report is accessible via the Company’s investor relations website and the SEC's website. Viomi is recognized for its IoT @ Home technology, offering a platform of smart home products designed to enhance consumer experience and interaction within the home. The Company aims to expand its household user base and improve user engagement through innovative IoT solutions.
Viomi Technology, a leading IoT @ Home technology company, reported its financial results for Q4 and the full year 2022. Net revenues for Q4 were RMB910.5 million (US$132 million), a decline from RMB1,332.8 million in Q4 2021. Despite challenges, the gross margin improved to 23.0%, from 19.8% quarter-over-quarter and 22.8% for the full year, up from 22.6% in 2021. The company aims to enhance its product lineup and optimize distribution channels while focusing on operational efficiency. However, it faced substantial revenue declines across its IoT portfolio, affecting overall financial performance.
Viomi Technology Co., Ltd (NASDAQ: VIOT) announced it will report its fourth quarter and full year 2022 unaudited financial results on March 27, 2023, before U.S. market open. The earnings conference call is scheduled for 8:00 A.M. ET on the same day. This call will be accessible via multiple dial-in numbers and a live webcast. Viomi focuses on IoT @ Home technology, providing a comprehensive ecosystem of smart home products. Investors can access the archived webcast on the company’s investor relations website.
FAQ
What is the current stock price of Viomi Technology Co., Ltd. (VIOT)?
What is the market cap of Viomi Technology Co., Ltd. (VIOT)?
