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Xiaomi reports Q4 revenue up 11% YoY to $10.2B, above $10.1B est., net income up 50% YoY to $653M, and plans to diversify its business by launching


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2024-03-19 11:17:15
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Cybersecurity Business

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Bloomberg:

Xiaomi reports Q4 revenue up 11% YoY to ~$10.2B, above ~$10.1B est., net income up 50% YoY to ~$653M, and plans to diversify its business by launching EVs  —  The Beijing-based firm reported an 11% rise in sales to 73.2 billion yuan ($10.2 billion) in the December quarter, versus the average analysts' estimate of 72.5 billion yuan.




Bloomberg:

Xiaomi reports Q4 revenue up 11% YoY to ~$10.2B, above ~$10.1B est., net income up 50% YoY to ~$653M, and plans to diversify its business by launching EVs  —  The Beijing-based firm reported an 11% rise in sales to 73.2 billion yuan ($10.2 billion) in the December quarter, versus the average analysts' estimate of 72.5 billion yuan.



Source: TechMeme
Source Link: http://www.techmeme.com/240319/p8#a240319p8


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