财务数据和关键指标变化 - 自品牌产品收入较上季度增长10%至4000万美元，主要由平均售价增长44%驱动[27] - Q3毛利率达到41%，为历史最高[27][33] - 运营成本方面，整体运营费用从2022年的约1.8亿元人民币降至2024年底的约每年1亿元人民币[29] - 研究与开发费用在2024年第三季度为1060万美元，同比增长11.7%，占收入的24.9%（2023年同期为11.4%）[35] - 销售和营销费用在第三季度为1190万美元，同比增长23.9%，占收入的27.9%（2023年同期为11.5%）[36] - 一般及行政费用在2024年第三季度为670万美元，同比增长14.7%，占收入的15.7%（2023年同期为7%）[37] 各条业务线数据和关键指标变化 - 自品牌销售增长强劲，对总收入贡献超过95%，且本季度Amazfit产品销售实现了年度最高的连续增长[9][10] - T-Rex 3智能手表销售强劲，但因供应受限影响了Q3营收，预计Q4情况将改善[13] - 补充设备如Amazfit Helio Ring和Amazfit UP Open Wearable Stereo耳麦推出，扩展了产品生态系统，Amazfit UP耳麦已收到一些早期积极反馈，特别是在欧洲地区[14][15] 各个市场数据和关键指标变化 - 据Canalys数据，智能可穿戴市场在增长，尤其是户外和运动领域增长更快，200美元以下产品在市场中的占比从2022年的40%上升到2024年的60%左右[28][30] 公司战略和发展方向和行业竞争 - 公司战略核心是产品创新，如推出Amazfit T-Rex 3等产品，同时注重拓展销售渠道，提升用户体验[12][13][14] - 技术创新是核心驱动力，最新的Zepp OS 4.0集成了OpenAI的GPT 4，提升了语言处理能力和健康应用功能[16] - 重新设计的Zepp App提升了用户体验，提供实时数据分析和个性化健康建议[17][18] - 营销方面，扩大Amazfit运动员团队，与多个知名运动员合作，提升品牌知名度，并与HYROX合作，强化品牌在竞技健身领域的影响力[20][21] - 探索拓展产品线，投资开发综合健康平台，结合硬件、软件和服务，以满足消费者对综合健康和健身解决方案的需求[23] - 行业竞争方面，面临其他竞争对手提供较大折扣以获取用户的情况[27] 管理层对经营环境和未来前景的评论 - 尽管全球非必需消费品支出放缓，但公司通过战略转型的执行保持了销售势头，对未来几个季度保持乐观[9] - 尽管Q3运营结果因全球宏观经济逆风、T-Rex 3供应受限和竞争等因素未达预期，但对市场增长持谨慎乐观态度，将继续采取积极措施降低运营费用，以更好地参与市场增长并实现盈利[27][28] 其他重要信息 - 扩大回购计划，反映对长期战略的信心[24] - 维持有效的营运资金管理，整体现金余额为1.28亿美元，与Q2相同，尽管有亏损，但仍有足够资金投资和抓住市场机会[40] - 自2023年第一季度起开始偿还短期/长期债务组合，截至2024年第三季度已成功偿还5200万美元债务，并将继续优化资本结构[41] - 预计Q4营收在5500万美元至7000万美元之间，自品牌产品预计对收入贡献超过90%，较Q3增长29% - 65%[42] 问答环节所有的提问和回答 问题：除T-Rex 3外，预计哪些产品或途径会在Q4实现增长？ - 回答：OWS耳麦是智能手表的良好伴侣，为消费者提供了综合解决方案，有助于Q4销售增长；Q4是传统销售旺季，在中国有双11，在欧洲有Prime Day 2以及即将到来的黑色星期五和圣诞节销售，对实现Q4销售目标有信心[45][46][47] 问题：T-Rex 3供应受限的瓶颈在哪里？ - 回答：主要是需求问题，T-Rex 3需求激增，超出预期，虽然有准备库存，但无法满足全球需求，工厂正在全力生产以满足Q4需求[48][49] 问题：本季度报告了外汇损失，历史上通常是收益，原因是什么？预计下季度外汇情况如何？ - 回答：有多种货币对，人民币兑美元在Q3最后15天大幅升值，无法完全对冲，导致外汇损失；预计Q4会有顺风情况，去除外汇波动影响，Q3盈利能力虽有亏损但已降至最低水平，主要是成本覆盖问题，预计Q4会解决[50][51] 问题：公司持有大量现金，计划如何使用？是否有并购计划？ - 回答：不排除小型附加并购，但更倾向于继续积极执行股票回购计划，并将其延长两年；同时会考虑如何利用现金抓住市场机会，提升在竞争中的地位[52] 问题：能否详细解释Q3净亏损情况？与前几个季度和去年相比如何？ - 回答：Q3有三个主要问题导致净亏损，一是T-Rex 3供应受限影响收入预期，导致成本覆盖问题；二是外汇逆风；三是营销费用前置。去除外汇影响，从盈利能力角度看，Q3处于年度最低亏损情况，预计Q4收入增长会扭转局面[53][54][55][56][57][58] 问题：展望未来，销售预期增长的可持续性如何？ - 回答：T-Rex 3是非常成功的产品，将在Q4及Q1、Q2占收入很大一部分；2025年产品发布窗口和节奏将更平衡，例如Bip系列、Active系列和Balance系列将在不同季度进行更新，加上T-Rex 3的成功推出，预计明年每个季度收入将比今年更高[59][60]

MILPITAS, Calif., Nov. 18, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today reported revenues of US$42.5 million; a basic and diluted net loss per share of US$0.05; and a basic and diluted net loss per ADS of US$0.82 for the third quarter ended September 30, 2024; adjusted basic and diluted net loss per share of US$0.05; and adjusted basic and diluted net loss per ADS of US$0.78. Each ADS represents sixteen Class A ordinary shares.Mr. Wang 'Wayne' Huang, Chairman and ...

Dublin, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The "Luxury Smart Jewelry Market Size, Share and Trends Analysis Report by Product (Smart Rings, Smart Bracelets), Application (Fitness Tracking, Heart Rate Monitoring), Age Group, Distribution Channels, Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.The global luxury smart jewelry market size is expected to reach USD 429.97 million by 2030, registering a CAGR of 18.7% from 2024 to 2030. Factors such as the incr ...

Earnings Call Scheduled for 8:30 p.m. ET on November 18, 2024MILPITAS, Calif., Nov. 5, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp Health" or the "Company") (NYSE: ZEPP), a global leader in smart wearables and health technology, today announced that it will report its third quarter 2024 unaudited financial results after the market close on Monday, November 18, 2024.Management will hold a conference call at 8:30 p.m. Eastern Time on Monday, November 18, 2024. Listeners may access the call by dialing: ...

MILPITAS, Calif., Oct. 31, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp Health") (NYSE: ZEPP), a global leader in smart wearables and health technology, today announced the launch of the enhanced Zepp App 9. This latest app version is designed to deliver a more personalized health, wellness, and fitness experience, empowering Amazfit users worldwide to understand their health trends and make informed lifestyle decisions. Zepp App 9 is available on iOS and Android platforms and compatible with all Ama ...

MILPITAS, Calif., Oct. 2, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp Health" or the "Company") (NYSE: ZEPP), a global leader in smart wearables and health technology, today announced that it has received a letter from the New York Stock Exchange ("NYSE") dated October 2, 2024 (the "October Letter"), notifying the Company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual (the "NYSE Mi ...

MILPITAS, Calif., Sept. 6, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp Health" or the "Company") (NYSE: ZEPP), a global leader in smart wearables and health technology, today announced that it will change the ratio of its American depositary shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio") from one (1) ADS representing four (4) Class A ordinary shares to one (1) ADS representing sixteen (16) Class A ordinary shares.For the Company's ADS holders, the change in the ADS Ratio will have ...

-Powered by Zepp Health, the T-Rex 3 Combines Durability with Advanced Privacy Features for Everyday AdventurersBERLIN, Sept. 6, 2024 /PRNewswire/ -- Amazfit, a leading global smart wearable brand by Zepp Health (NYSE: ZEPP), today unveiled the Amazfit T-Rex 3 smartwatch at the IFA Berlin trade event. Designed for the modern explorer, the Amazfit T-Rex 3 combines military-grade durability, cutting-edge outdoor navigation features, and unparalleled battery life, making it the perfect companion for those who ...

MILPITAS, Calif., Sept. 3, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp Health" or the "Company") (NYSE: ZEPP), a global leader in smart wearables and health technology, today announced that its board of directors (the "Board") has appointed Mr. Alain Lam, Mr. Mike Yan Yeung, and Mr. Meihui Fan as new directors, effective from Sep. 1, 2024. Mr. Lam is the CFO of Xiaomi Group ("Xiaomi"), with a wealth of experience in finance, capital markets and corporate governance. Mr. Yeung is the COO of Zepp Heal ...

Zepp Health's Amazfit & HYROX Announce Partnership Reaching Over 300,000Participants Per Season Across EU and US regionsMILPITAS, Calif. , Aug. 29, 2024 /PRNewswire/ -- HYROX, the World Series of Fitness Racing, a Time 100 Most Influential Companies in the World 2024 Winner has today announced its partnership with Zepp Health Corporation ("Zepp Health") (NYSE: ZEPP), a global leader in smart wearables and health technology, through its smart wearable brand, Amazfit.This two-year partnership will see Amazfit ...