Zepp Leaves Investors Guessing With Return To Profits, Tumbling Own-Brand Sales
Key Takeaways:
Zepp returned to profitability in the third quarter for the first time since 2021, as its margins jumped with the development of its own Amazfit brand
The company’s shares initially rose sharply after the report, but then fell even more, as investors worried about a big drop in sales of its own-brand products