Viomi Technology (NASDAQ:VIOT – Get Rating ) will post its quarterly earnings before the market opens on Monday, August 22nd. Viomi Technology set its Q2 2022 EPS guidance. Persons interested in participating in the company’s earnings conference call may do so using this link.
Viomi Technology (NASDAQ:VIOT – Get Rating) last posted its earnings results on Friday, May 27th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.38). Viomi Technology had a negative net margin of 0.23% and a positive return on equity of 1.74%. The business had revenue of $112.34 million for the quarter. During the same period in the prior year, the business earned $0.13 EPS.
Viomi Technology Stock Performance
NASDAQ:VIOT opened at $1.56 on Monday. The company has a current ratio of 1.97, a quick ratio of 1.51 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average of $1.64 and a 200-day moving average of $1.70. Viomi Technology has a twelve month low of $1.14 and a twelve month high of $5.75. The company has a market cap of $108.54 million, a P/E ratio of -78.00 and a beta of 1.01.
Institutional investors are weighing in on Viomi Technology
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its holdings in shares of Viomi Technology by 8.9% in the first quarter. Dimensional Fund Advisors LP now owns 323,137 shares of the company’s stock valued at $563,000 after buying an additional 26,327 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Viomi Technology by 24.9% in the second quarter. Envestnet Asset Management Inc. now owns 102,963 shares of the company’s stock valued at $177,000 after buying an additional 20,542 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Viomi Technology by 38.4% in the second quarter. Renaissance Technologies LLC now owns 91,164 shares of the company’s stock valued at $157,000 after purchasing an additional 25,300 shares during the last quarter.
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, steam ovens, dishwashers, hoods and gas stoves; and other smart products including air conditioners, washing machines, water heaters, smart water kettles, sweeping robots, smart locks, smart TVs and other smart devices.
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