Zepp Health tumbles on Q3 loss

Zepp Health

19/11/2024 15:26

** Shares of smart wearables maker and health tech provider
Zepp Health Corp  ZEPP.N  down 14.4% at $2.68
    ** ZEPP posts Q3 adj. loss per ADS of 78 cents vs profit of
3 cents a year earlier, driven by higher costs
    ** Co expects Q4 net revenue in the range of $55 mln-$70 mln
    ** Co reports Q3 net revenue of $42.5 mln vs $82.5 mln a
year earlier
    ** Including session losses, stock has fallen 53.35% YTD
     
   

 (Reporting by Rishab Shaju in Bengaluru)
 ((Rishab.shaju@thomsonreuters.com))