Viomi Technology (VIOT) Set to Announce Quarterly Earnings on Thursday

Viomi Technology (NASDAQ:VIOT) will issue its quarterly earnings data before the market opens on Thursday, May 23rd. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Viomi Technology has set its Q1 2019 guidance at EPS.

Viomi Technology (NASDAQ:VIOT) last released its quarterly earnings results on Monday, March 18th. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.75. The business had revenue of $955.70 million for the quarter, compared to the consensus estimate of $891.50 million. The firm’s revenue for the quarter was up 142.6% on a year-over-year basis. On average, analysts expect Viomi Technology to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

VIOT opened at $9.61 on Thursday. The company has a market cap of $635.87 million and a price-to-earnings ratio of 34.32. Viomi Technology has a one year low of $7.24 and a one year high of $15.84.

A number of research analysts have commented on VIOT shares. ValuEngine lowered Viomi Technology from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Zacks Investment Research lowered Viomi Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, March 20th.

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About Viomi Technology

Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising smart water kettles, washing machines, water heaters, and others.

See Also: Net Income

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