Kingsoft Cloud Holdings: Q4 Earnings Insights


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Kingsoft Cloud Holdings (NASDAQ:KC) reported its Q4 earnings results on Thursday, March 24, 2022 at 06:55 AM.

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Here's what investors need to know about the announcement.

Earnings

Kingsoft Cloud Holdings missed estimated earnings by 9.09%, reporting an EPS of $-0.36 versus an estimate of $-0.33.

Revenue was up $122.69 million from the same period last year.


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Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 2.03% drop in the share price the next day.

Here's a look at Kingsoft Cloud Holdings's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.20 -0.13 -0.15 -0.09
EPS Actual -0.22 -0.16 -0.15 -0.12
Revenue Estimate 397.19M 335.16M 291.33M 297.23M
Revenue Actual 374.62M 336.66M 276.80M 294.67M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNewsBZI-Recaps