Xiaomi beats revenue expectations with Q1 sales of ~$6.3B, up 27% YoY, and net income of ~$303M, up 23.5% YoY, thanks to growth in sales outside China (Josh Horwitz/Reuters)

Josh Horwitz / Reuters:
Xiaomi beats revenue expectations with Q1 sales of ~$6.3B, up 27% YoY, and net income of ~$303M, up 23.5% YoY, thanks to growth in sales outside China  —  SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp reported better than-expected quarterly revenue on Monday due in part to steady growth in sales outside its home market.

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