Wednesday, August 21, 2024

Xiaomi reports Q2 revenue up 32% YoY to ~$12.5B, above ~$12.2B est., and a ~$715M net income, above ~$533M est., as its core smartphone business recovers (Bloomberg)

Bloomberg:
Xiaomi reports Q2 revenue up 32% YoY to ~$12.5B, above ~$12.2B est., and a ~$715M net income, above ~$533M est., as its core smartphone business recovers  —  Sales rose a better-than-projected 32% to 88.9 billion yuan ($12.5 billion), versus the average analyst estimate of 86.9 billion yuan.



No comments:

Post a Comment

How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed before US restrictions forced new ownership and a pivot (Ryan Gallagher/Bloomberg)

Ryan Gallagher / Bloomberg : How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed bef...