Zepp Health Balances Innovation and Profitability
Company Announcements

Zepp Health Balances Innovation and Profitability

Zepp Health Corporation (ZEPP) has released an update.

Zepp Health Corporation has reported a mixed financial performance for the fourth quarter and the full year of 2023, with a slight net loss and a record high gross margin, reflecting the company’s strategic transformation towards profitability. While facing external challenges, Zepp launched significant new products, including the Amazfit Active series and the Amazfit Helio Ring, and introduced Zepp OS 3.5 with advanced language interaction capabilities. Despite a net loss, the company managed to achieve a non-GAAP net profit and maintained a strong cash balance, with plans to continue its stock repurchase plan.

For further insights into ZEPP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskZepp Health Back in NYSE Good Graces
TheFlyZepp Health regains compliance with NYSE minimum price
TheFlyZepp Health falls -11.0%
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App