Press Release: Zepp Health Corporation Reports Third Quarter 2024 Unaudited Financial Results

Dow Jones
2024-11-19
Share-based compensation 
 expenses                                       7,013                3,827 
                                 --------------------  ------------------- 
Adjusted operating loss                      (24,063)             (34,485) 
                                 --------------------  ------------------- 
 
Net loss                                     (29,822)             (38,907) 
Share-based compensation 
 expenses                                       7,013                3,827 
Income tax (benefits)/expenses                (5,205)                  119 
Interest income                               (2,264)              (2,901) 
Interest expense                                5,314                4,105 
Adjusted EBIT                                (24,964)             (33,757) 
                                 --------------------  ------------------- 
 
Net loss attributable to Zepp 
 Health Corporation                          (29,741)             (38,857) 
Share-based compensation 
 expenses                                       7,013                3,827 
                                 --------------------  ------------------- 
Adjusted net loss attributable 
 to Zepp Health Corporation([) 
 (2])                                        (22,728)             (35,030) 
                                 ====================  =================== 
Adjusted net loss per share 
attributable to  Zepp Health 
Corporation 
Adjusted basic loss per 
 ordinary share                                (0.09)               (0.14) 
Adjusted diluted loss per 
 ordinary share                                (0.09)               (0.14) 
 
Adjusted net loss per ADS (16 
ordinary shares equal to 
1 ADS)([3]) 
ADS -- basic                                   (1.49)               (2.16) 
ADS -- diluted                                 (1.49)               (2.16) 
 
Weighted average number of 
shares used in computing 
adjusted net loss per share 
Ordinary share -- basic                   243,679,883          259,433,512 
Ordinary share -- diluted                 243,679,883          259,433,512 
 
Share-based compensation 
expenses included  are 
follows: 
Selling and marketing                             497                  368 
General and administrative                      3,154                1,812 
Research and development                        3,362                1,647 
                                 --------------------  ------------------- 
Total                                           7,013                3,827 
                                 --------------------  ------------------- 
 

View original content:https://www.prnewswire.com/news-releases/zepp-health-corporation-reports-third-quarter-2024-unaudited-financial-results-302308549.html

SOURCE Zepp Health Corp.

 

(END) Dow Jones Newswires

November 18, 2024 20:00 ET (01:00 GMT)

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