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Zepp Health Corporation American depositary shares, each representing sixteen - ZEPP STOCK NEWS

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Zepp Health Corporation (NYSE: ZEPP) is a leading global provider of smart wearables and health technology solutions that enable users to maximize their health, fitness, and wellness. Established in 2013 as Huami Corp., the company rebranded to Zepp Health in February 2021 to emphasize its health-centered approach. Zepp Health is renowned for its innovative brands such as Amazfit, Zepp Clarity, and Zepp Aura, which together form a comprehensive ecosystem empowering users to achieve their wellness goals.

Central to Zepp Health's offerings is the proprietary Zepp Digital Health Management Platform, which integrates advanced technologies including Zepp OS, AI chips, biometric sensors, and sophisticated data algorithms. This platform provides 24/7 actionable insights and guidance, supporting users in their everyday health and fitness journeys. To date, Zepp Health has shipped over 200 million units, with its products accessible in more than 90 countries worldwide.

Zepp Health's product portfolio is diverse, featuring smartwatches, fitness bands, and innovative devices like the Amazfit Helio Ring and Amazfit Bip 5 Unity. The company's products are designed to offer a perfect blend of style and cutting-edge technology, appealing to both professional athletes and everyday fitness enthusiasts. Notably, the Amazfit brand has garnered numerous design accolades, including the iF Design Award and the Red Dot Design Award.

Recent achievements highlight Zepp Health's commitment to excellence and community. The company has been actively involved in significant partnerships, such as sponsoring the NN Rotterdam Marathon and the Escape from Alcatraz Triathlon. Through these partnerships, Zepp Health not only promotes its high-performance wearables but also supports athletic communities worldwide.

Financially, Zepp Health reported revenues of US$39.8 million for the first quarter of 2024, with a gross margin of 36.8%. Despite a challenging market, the company's self-branded products have shown robust performance, contributing significantly to its revenue. Looking forward, Zepp Health continues to expand its product offerings and invest in strategic marketing initiatives, ensuring sustained growth and innovation.

Zepp Health's commitment to advancing health technology is further exemplified by its partnership with LiveX AI to enhance customer experiences on the Amazfit website. This collaboration utilizes AI to provide personalized and efficient customer support, setting a new standard in the industry.

For more information about Zepp Health Corporation and its innovative health technology solutions, visit www.zepp.com.

Rhea-AI Summary
Zepp Health Corporation reports Q2 2023 revenues of RMB0.65 billion ($89.4 million) with a net loss per share of RMB0.29 ($0.04). Self-branded products contributed 68% of revenue and 85% of gross profit. Gross margin reached 22.0%, the highest since Q2 2021. Q2 revenues decreased by 41.5% YoY due to lower Mi Band sales. Self-branded sales showed resilient recovery with 12.7% sequential growth and a mild decline of 7.3% YoY. Operating loss decreased to RMB72.4 million from RMB110.6 million in Q2 2022. The Company expects sustained revenue growth in Q3 from new product launches.
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Zepp Health Corporation will report its second quarter 2023 unaudited financial results before the market open on August 21, 2023. The company is a cloud-based healthcare services provider with smart wearable technology. A conference call will be held at 8:30 a.m. Eastern Time on the same day, and a webcast will be available at http://ir.zepp.com.
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Amazfit (ZEPP) collaborates with Polish runner Edyta Lewandowska for UTMB challenge. Lewandowska, a renowned champion in marathon, ultramarathon, and mountain running, will be wearing the Amazfit Cheetah Pro as she conquers the rugged terrain of the Mont-Blanc region. With an incredible track record and a personal best of 2:33:00 in the street marathon, Lewandowska has proven her unmatched determination and strength. Amazfit invites running enthusiasts and fans to support Edyta Lewandowska as she takes on the challenging UTMB.
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Amazfit releases new smartwatch with biggest screen and advanced features
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Amazfit, a leading global smart wearables brand owned by Zepp Health, now offers seamless routing and navigation connectivity with the popular outdoor activities app komoot. The partnership allows users to download route files from the Zepp App and navigate worldwide routes for hiking tours or mountain bike adventures directly on their Amazfit smartwatches. Users can also share their route data with the komoot community.
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FAQ

What is the current stock price of Zepp Health Corporation American depositary shares, each representing sixteen (ZEPP)?

The current stock price of Zepp Health Corporation American depositary shares, each representing sixteen (ZEPP) is $2.795 as of December 20, 2024.

What is the market cap of Zepp Health Corporation American depositary shares, each representing sixteen (ZEPP)?

The market cap of Zepp Health Corporation American depositary shares, each representing sixteen (ZEPP) is approximately 40.8M.

What is Zepp Health Corporation?

Zepp Health Corporation (NYSE: ZEPP) is a global leader in smart wearables and health technology, offering innovative products under brands like Amazfit, Zepp Clarity, and Zepp Aura.

When was Zepp Health founded?

Zepp Health was founded in 2013 as Huami Corp. and rebranded to Zepp Health Corporation in February 2021.

What products does Zepp Health offer?

Zepp Health offers a range of smartwatches, fitness bands, and innovative devices such as the Amazfit Helio Ring and Amazfit Bip 5 Unity.

What technology powers Zepp Health's products?

Zepp Health's products are powered by the Zepp Digital Health Management Platform, which includes Zepp OS, AI chips, biometric sensors, and data algorithms.

How many units has Zepp Health shipped to date?

Zepp Health has shipped over 200 million units to date.

In how many countries are Zepp Health's products available?

Zepp Health's products are available in more than 90 countries.

What recent partnerships has Zepp Health formed?

Zepp Health recently partnered with the NN Rotterdam Marathon and the Kelvin Kiptum Foundation, among others, to support athletic communities and promote its products.

What financial performance did Zepp Health report for Q1 2024?

For the first quarter of 2024, Zepp Health reported revenues of US$39.8 million and a gross margin of 36.8%.

What distinguishes Zepp Health's customer support?

Zepp Health has partnered with LiveX AI to integrate advanced AI technology into its customer support, providing personalized and efficient assistance on the Amazfit website.

Where can I find more information about Zepp Health?

For more information about Zepp Health, visit their official website at www.zepp.com.

Zepp Health Corporation American depositary shares, each representing sixteen

NYSE:ZEPP

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ZEPP Stock Data

40.80M
6.87M
5.76%
43.45%
0.17%
Consumer Electronics
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