Viomi Technology (VIOT) to Release Earnings on Wednesday

Viomi Technology (NASDAQ:VIOT) is scheduled to post its quarterly earnings results before the market opens on Wednesday, August 21st. Analysts expect Viomi Technology to post earnings of $0.17 per share for the quarter. Viomi Technology has set its Q2 2019 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Viomi Technology (NASDAQ:VIOT) last announced its quarterly earnings data on Thursday, May 23rd. The company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.09). The business had revenue of $676.20 million for the quarter, compared to analyst estimates of $682.00 million. The business’s revenue was up 104.4% on a year-over-year basis. On average, analysts expect Viomi Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of VIOT opened at $7.93 on Wednesday. The stock has a market capitalization of $612.32 million and a PE ratio of 28.32. Viomi Technology has a fifty-two week low of $7.24 and a fifty-two week high of $15.84. The business has a 50-day simple moving average of $8.89.

Separately, Zacks Investment Research cut shares of Viomi Technology from a “hold” rating to a “sell” rating in a report on Saturday, July 13th.

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.

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