Investing.com - Viomi Technology reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Viomi Technology announced earnings per share of 0.66 on revenue of 1.26B. Analysts polled by Investing.com anticipated EPS of -0.01 on revenue of 910.00M.
Viomi Technology shares are up 29.13% from the beginning of the year, still down 57.62% from its 52 week high of 18.90 set on February 22. They are outperforming the S&P/TSX which is up 13.62% from the start of the year.
Viomi Technology shares lost 1.84% in intra-day trade following the report.
Viomi Technology follows other major Consumer Cyclical sector earnings this month
Viomi Technology's report follows an earnings matched by Toyota Motor ADR on May 12, who reported EPS of 5.08 on revenue of 70.3B, compared to forecasts EPS of 5.08 on revenue of 70.3B.
Volkswagen 10 Pref ADR had beat expectations on May 6 with first quarter EPS of 0.7823 on revenue of 75.25B, compared to forecast for EPS of 0.7802 on revenue of 75.23B.
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