Xiaomi Earnings, Revenue beat In Q1

  • Investing.com
Xiaomi Earnings, Revenue beat In Q1

Investing.com - Xiaomi reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Xiaomi announced earnings per share of 0.311 on revenue of 76.88B. Analysts polled by Investing.com anticipated EPS of 0.1809 on revenue of 71.42B.

Xiaomi shares are up 15% from the beginning of the year and are trading at 28.15 , down-from-52-week-high.They are outperforming the RTSI which is up 14.48% from the start of the year.

Xiaomi follows other major Technology sector earnings this month

Xiaomi's report follows an earnings beat by Tencent Holdings on Thursday, May 20, 2021, who reported EPS of 4.92 on revenue of 135.3B, compared to forecasts EPS of 3.49 on revenue of 134.05B.

Kuaishou Technology had missed expectations on Monday with first quarter EPS of -24.53 on revenue of 20.55B, compared to forecast for EPS of -1.91 on revenue of 20.51B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100