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Zepp Health Corporation Reports Second Quarter 2021 Unaudited Financial Results BEIJING , August 19 , 2021 / PRNewswire / Zepp Health Corporation ( " Zepp " or the " Company " ) ( NYSE : ZEPP ) today reported revenue of RMB1.8 billion ( US $ 284.2 million ) , an increase of 61.4 % from the same period last year ; GAAP diluted net income per share of RMB0.35 ( US $ 0.05 ) ; and GAAP diluted net income per ADS of RMB1.41 ( US $ 0.22 ) for the second quarter ended June 30 , 2021. Each ADS represents four ( 4 ) Class A ordinary shares . " We were pleased to top the high end of our guidance range for the second quarter , which included an 81 % increase in our own Amazfit and Zepp branded product revenue and a 53 % increase in revenue from products designed and built for Xiaomi , " said Wang Huang , Chairman and CEO of Zepp Health . " Unit shipment volume for our own branded products grew 114 % year - over - year in the second quarter , demonstrating continued expansion of our brands globally . Despite the drag of the pandemic on the industry , first half revenue from our own Amazfit and Zepp branded products increased 83 % year - over year , and in June , we were acknowledged by IDC that our Amazfit and Zepp smartwatch products have become one of the top four global adult smartwatch brands in its 2021Q1 report . Our confidence in the second half of 2021 is strengthend by the Company's announcements at our mid - July developers conference of our third generation proprietary smart watch chip , the Huangshan 2s ; a new watch OS for third - party apps ; and blood pressure monitoring algorithm on our watches ; which will give our products new features and functionalities that will appeal to many consumers . " Added Chief Financial Officer , Leon Deng , " Second quarter results reflected strong growth of the Company's own branded products , different timing this year for launch of Xiaomi's new Mi Band product , easing of Covid restrictions in some geographies during the quarter , and continued expense control , all driving revenue growth and profitability . " Second Quarter 2021 Financial Summary GAAP in millions , except for percentages and per share / ADS amounts Revenue RMB Revenue USD Gross Margin Net income attributable to Zepp Health Corporation RMB 2 Adjusted net income attributable to Zepp Health Corporation RMB · Diluted net income per share RMB Diluted net income per ADS USD Adjusted diluted net income per share RMB 3 Adjusted diluted net income per ADS USD Units Shipped 1 For the Three Months Ended June 30 , 2021 June 30 , 2020 1,137.3 161.0 1,835.1 284.2 22.3 % 13.3 3 22.0 % 92.6 132.5 0.35 0.22 0.50 0.31 11.5 19.1 0.05 0.03 0.07 0.04 8.9 Exhibit 99.1 For the Six Months Ended June 30 , 2021 June 30 , 2020¹ 2,982.4 2,225.7 461.9 315.0 22.2 % 52.1 103.4 0.20 0.12 0.39 0.24 17.8 22.4 % 32.5 44.7 0.13 0.07 0.17 0.10 16.5 1 The USD numbers in 2020 are referenced with the prior 6 - K disclosures . ² Adjusted net income attributable to Zepp Health Corporation is a non - GAAP measure , which excludes share - based compensation expenses . See " Reconciliation of GAAP and Non - GAAP Results " at the end of this press release . Adjusted diluted net income is the abbreviation of Adjusted net income attributable to Zepp Health Corporation , which is a non - GAAP measure and excludes share - based compensation expenses attributable to Zepp Health Corporation , and is used as the numerator in computation of adjusted basic and diluted net income per ADS attributable to Zepp Health Corporation . 1