Zepp Health(US:ZEPP)2025-05-20 11:25Financial Performance - Zepp Health's revenue for Q2 2024 was $40.6 million, meeting the guidance range[7] - The company's revenue for 1H 2024 was $80.6 million, also meeting the guidance range[16] - Adjusted net loss attributable to Zepp was $9.9 million in Q2 2024[12] and $22.4 million for 1H 2024[20] - Basic loss per ADS was $0.17 in Q2 2024 and $0.39 in 1H 2024[50] - Adjusted basic loss per ADS was $0.15 in Q2 2024 and $0.34 in 1H 2024[51] Gross Margin - The gross margin for self-branded products in Q2 2024 was 40.3%[30], while for Xiaomi products it was 4.8%[30] - The total gross margin in Q2 2024 was 22.0%[30] - The gross margin for self-branded products in 1H 2024 was 38.5%[35], while for Xiaomi products it was 10.6%[35] - The total gross margin in 1H 2024 was 18.9%[35] Shipments - Total units shipped in Q2 2024 were 1.3 million[9], compared to 3.8 million in Q2 2023[9] - Total units shipped in 1H 2024 were 2.5 million[17], compared to 7.3 million in 1H 2023[17] Business Outlook - The company expects net revenues to be between $45 million and $60 million for the third quarter of 2024[59]