Zepp Health Corporation Stock Price, News & Analysis

Zepp Health Corporation (NYSE: ZEPP) reported third-quarter revenue of RMB 1.61 billion (US$249.3 million), down 28.1% year-over-year, due to decreased sales of Xiaomi wearable products. Unit shipments decreased 37.7% to 9.9 million, but Amazfit and Zepp product shipments rose 88.9%. The company maintained a gross margin of 20.2% and reduced operating expenses by 31.2%. A $20 million share repurchase program was approved, indicating management's confidence in the company's long-term strategy and strong cash position. Q4 revenue guidance is projected between RMB 1.75 billion and RMB 2.0 billion.

Amazfit, a smart wearable brand, is launching exclusive Black Friday and Cyber Monday deals starting November 15, 2021. Customers can enjoy discounts as low as $0.01 between November 26-29, alongside up to 60% off select models from their smartwatch lineup.

Featured products include the GTR 3 Pro and GTS 3 smartwatches, both equipped with 24/7 health monitoring. Promotions also include free Amazfit Powerbuds with certain purchases and special flash sales on select models.

Amazfit, a brand of ZeppHealth (NYSE: ZEPP), announced that its Amazfit PowerBuds Pro received recognition as a CES® 2022 Innovation Awards Honoree in the health and wellness category. The competition saw over 1800 submissions, evaluated by an elite panel of judges based on innovation and design. The PowerBuds Pro feature advanced health monitoring capabilities, including an in-ear PPG heart rate sensor and automatic running recognition. They also boast up to 30 hours of battery life and industry-leading noise cancellation, reinforcing Amazfit's commitment to innovative health-focused wearable technology.

Zepp Health Corp. (NYSE: ZEPP) will announce its third-quarter 2021 unaudited financial results on November 16, 2021, prior to the market opening. A conference call is scheduled for 7:30 AM EST that day, with dial-in access provided for participants. The company, which changed its name from Huami Corp. in February 2021, specializes in smart wearable technology and health services. Zepp Health aims to integrate health and technology, having shipped 46 million devices in 2020. More details are available on their investor relations website.

Amazfit has launched a new generation of performance smartwatches, now available at 2,986 Walmart stores across North America from October 16 to October 22. These affordable smartwatches combine sports functionality and health management. The three product lines include the Amazfit GTS 2e, Amazfit Bip U Pro, and Amazfit Band 5. The brand aims to strengthen its market share by targeting sporty and health-conscious customers.

Amazfit announces a partnership with fashion designer Christian Cowan, who will serve as the Experience Consultant for its new GTR 3 and GTS 3 Series smartwatches. This collaboration launches alongside the introduction of the GTR 3 PRO, GTR 3, and GTS 3 smartwatches, which aim to blend fashion with fitness technology. The devices feature advanced health monitoring and a new, efficient operating system, Zepp OS, designed for enhanced performance and battery life. Amazfit, owned by Zepp Health (NYSE: ZEPP), has sold over 100 million devices globally.

Amazfit, a brand owned by Zepp Health (NYSE: ZEPP), has revealed a new brand identity that reflects customers' values and lifestyles. Since 2014, Amazfit has shipped over 100 million devices and aims to inspire self-expression through dynamic technology products. The brand's visual refresh includes a colorful logo and partnerships with fashion designers for the launch of its GTR 3 and GTS 3 smartwatch series. These models feature advanced health monitoring and long battery life, enhancing users' digital and fitness experiences. The new smartwatches will be available in various European countries and the USA starting October 11, 2021.

Zepp Health Corporation has appointed Meihui Fan as Chief Technology Officer, effective August 19, 2021. Mr. Fan will oversee the technical roadmap and R&D initiatives across the Company. With 8 years at Zepp Health, he has previously served as President of Global Innovation Center. The appointment marks a significant leadership change as it’s the first time the Company has created a CTO position. This strategic move aims to enhance technological capabilities, innovate product offerings, and maintain competitive growth, especially following recent product developments including a smart wearable AI Chip.

Zepp Health Corporation (NYSE: ZEPP) reported a robust 61.4% increase in revenue for Q2 2021, reaching RMB 1.8 billion (US$284.2 million). The company achieved a net income of RMB 92.6 million (US$14.3 million), significantly higher than last year’s RMB 13.3 million. Notably, Amazfit and Zepp branded product revenue surged 81%, while unit shipments increased 114%. The outlook for Q3 anticipates revenue between RMB 1.6 billion and RMB 1.8 billion, reflecting ongoing uncertainties from the COVID-19 pandemic.