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) https://bit.ly/4cyoXLo
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.
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