Connect with us

International Circuit

Xiaomi Q4 Revenue Jumps 27%, Beats Estimates

Xiaomi Corp on Tuesday reported a 27% jump in December-quarter revenue, its fourth consecutive quarter of growth, and above analyst expectations, in spite a weak outlook for the global smartphone sector.

Sales in the fourth quarter jumped to 56.5 billion yuan (about $8.0 billion) from 44.42 bilion yuan in the same quarter a year earlier. This beat analyst expectations of 55.6 billion yuan, according to Refinitiv data.


Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!