Investing.com - Viomi Technology reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Viomi Technology announced earnings per share of -0.14 on revenue of 1.06B. Analysts polled by Investing.com anticipated EPS of -0.135 on revenue of 1.16B.
Viomi Technology shares are down 12.22% from the beginning of the year, still down 78.36% from its 52 week high of 18.90 set on February 22. They are under-performing the Nasdaq which is up 22.4% from the start of the year.
Viomi Technology follows other major Consumer Discretionary sector earnings this month
Viomi Technology's report follows an earnings missed by Amazon.com on October 28, who reported EPS of 6.12 on revenue of 110.81B, compared to forecasts EPS of 8.9 on revenue of 111.55B.
Home Depot had beat expectations on November 16 with third quarter EPS of 3.92 on revenue of 36.82B, compared to forecast for EPS of 3.42 on revenue of 34.95B.
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