Xiaomi reports Q2 revenue down 4% YoY to ~$9.25B and a net profit of ~$504M, vs. ~$440.9M est., more than doubling from a year earlier (Kosaku Narioka/Wall Street Journal)




Kosaku Narioka / Wall Street Journal:

Xiaomi reports Q2 revenue down 4% YoY to ~$9.25B and a net profit of ~$504M, vs. ~$440.9M est., more than doubling from a year earlier  —  The Chinese maker of smartphones and other electronics products said revenue declined 4.0%  —  Xiaomi said Tuesday that its second-quarter net profit …





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