Viomi Technology Co (NYSE:VIOT) Q2 2020 Earnings Conference Call - Final Transcript
Aug 24, 2020 • 08:00 am ET
total, over RMB 1 billion worth of liquid assets.
Now, let's turn to our outlook. While future industry-wide uncertainties and challenges will be difficult to fully predict, based on our assessment of latest industry trends, we are cautiously optimistic that our financial strength, operational flexibility and strategic direction will allow us to continue delivering robust growth in the second half. For the third quarter of 2020, the Company currently expects net revenues to be between RMB 1.4 billion and RMB 1.45 billion, representing a year-over-year growth of approximately 30.8% to 35.5%. The above outlook is based on the current market conditions and reflects the Company's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change.
This concludes our prepared remarks. We will now open the call for Q&A. Operator, please go ahead.