MILPITAS, Calif., April 23, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today announced that it has filed its annual report on Form 20-F for the full year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC"). The annual report can be accessed on Zepp's investor relations website at https://www.zepp.com/company-profile and on the SEC's website at www.sec.gov. The Company will also provide a hard copy of the annual report containing its a ...

Table of Contents Cayman Islands ZEPP New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PUR ...

Exhibit 99.1 1 Zepp Health Corporation Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results MILPITAS, Calif., March 18, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today reported revenues of US$84.5 million (RMB0.6 billion); a basic and diluted net loss per share of US$0.005 (RMB0.03); and a basic and diluted net loss per ADS of US$0.02 (RMB0.14) for the fourth quarter ended December 31, 2023; adjusted basic and diluted net income per share of US$0.00 ...

Financial Data and Key Metrics Changes - In Q4 2023, the overall sales were reported at $85 million, aligning with the lower end of guidance, influenced by a strategic decision to prioritize profitability over scale [20][29] - The gross margin reached a record high of 34.7%, surpassing Q3 and marking the highest in the company's history, attributed to a favorable product mix and new product launches [22][29] - The company achieved a non-GAAP operating profit of $2.4 million, a significant improvement from an operating loss of $8 million in the same period last year [27] Business Line Data and Key Metrics Changes - Self-branded products contributed to 91% of the top line in Q4, up from 77% the previous year, despite a year-over-year revenue decline [9][14] - The company reported a 14.8% quarter-over-quarter growth in self-branded products, indicating a positive trend in this segment [9][21] Market Data and Key Metrics Changes - The company noted modest improvement in the smartwatches for outdoor/sports category, although the market remains highly competitive [17] - The EMEA region accounted for more than half of the company's revenue, with significant growth expected from the USA and Asia Pacific regions in 2024 [38] Company Strategy and Development Direction - The company is focusing on R&D and product-driven innovations, emphasizing AI integration and enhancing brand presence through sponsorships and marketing [7][8] - A strategic shift towards self-reliance and reducing dependency on Xiaomi-branded products is underway, with a commitment to profitability over scale [6][9] Management Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for Q1 2024, traditionally a slow quarter, with guidance projected between $42 million to $49 million [29] - The company anticipates gross margin to expand in the upcoming quarters, aiming for at least the same performance as the second half of 2023 [35] Other Important Information - The company has successfully reduced its debt levels, retiring $12 million in Q4 2023, and aims for a similar or greater amount in 2024 [28][47] - The company has a strong cash position of approximately $140 million, providing ample runway for growth and investment opportunities [27] Q&A Session Summary Question: Outlook for 2024 and regional strategy - Management provided guidance for Q1 2024, projecting revenue between $42 million to $49 million, and discussed the overall market growth for smartwatches in 2024 [34][36] - The regional strategy focuses on leveraging major sports events in Europe and expanding offline channels in the USA, with potential growth in Asia Pacific markets [38] Question: Plans for investments and debt management - Management clarified that the investments in a China A-Stock listed company are strategic for vertical integration in the wearables market, with no intent to divest at this time [42][44] - The company plans to continue paying down debt, aiming for a near-zero debt situation by the end of 2024 [47]

MILPITAS, Calif., March 18, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today reported revenues of US$84.5 million (RMB0.6 billion); a basic and diluted net loss per share of US$0.005 (RMB0.03); and a basic and diluted net loss per ADS of US$0.02 (RMB0.14) for the fourth quarter ended December 31, 2023; adjusted basic and diluted net income per share of US$0.002 (RMB0.01); and adjusted basic and diluted net income per ADS of US$0.01 (RMB0.06). Each ADS represents four ...

Earnings Call Scheduled for 7:00 p.m. ET on March 18, 2024 AMSTERDAM, March 7, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp Health" or the "Company") (NYSE: ZEPP), a cloud-based healthcare services provider with world-leading smart wearable technology, today announced that it will report its fourth quarter and full year 2023 unaudited financial results after the market close on Monday, March 18, 2024. Management will hold a conference call at 7:00 p.m. Eastern Time on Monday, March 18, 2024 (7:00 a.m ...

MILPITAS, Calif., Feb. 25, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp Health") (NYSE: ZEPP), a global leader in smart wearables and health technology, today announces a significant stride in wearable intelligence with the introduction of Zepp OS 3.5, featuring Zepp Flow™. This revolutionary enhancement brings a whole new level of interaction to wearable devices, marking a pioneering advancement in the industry, making Zepp Health's Amazfit smartwatches the first to have a fully integrated Natural-L ...

MILPITAS, Calif. & LAS VEGAS--(BUSINESS WIRE)--CES — Zepp Health Corporation ("Zepp Health") (NYSE: ZEPP), a global leader in smart wearables and health technology, today revealed key evolutions in its smart wearable portfolio at Pepcom's Digital Experience at CES. The newly-unveiled Amazfit Helio Ring is the company's first smart ring, developed with a unique focus on providing athletes with the recovery support needed to take their performance to the next level. The company also showcased Zepp Clarity Pix ...

Exhibit 99.1 Zepp Health Corporation Reports Third Quarter 2023 Unaudited Financial Results Amsterdam, the Netherlands, November 20, 2023 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today reported revenues of RMB0.6 billion (US$82.5 million); a basic and diluted net income per share of RMB0.01 (US$0.002); and a basic and diluted net income per ADS of RMB0.05 (US$0.01) for the third quarter ended September 30, 2023. Each ADS represents four Class A ordinary shares. Mr. Wayn ...

Zepp Health Earnings Presentation ...