Kingsoft Cloud Hldgs KC reported its Q3 earnings results on Tuesday, November 21, 2023 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Kingsoft Cloud Hldgs missed estimated earnings by 5.88%, reporting an EPS of $-0.18 versus an estimate of $-0.17.
Revenue was down $54.01 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.57% increase in the share price the next day.
Here's a look at Kingsoft Cloud Hldgs's past performance:
Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
---|---|---|---|---|
EPS Estimate | -0.20 | -0.23 | -0.24 | -0.23 |
EPS Actual | -0.18 | -0.25 | -0.34 | -0.28 |
Revenue Estimate | 268.15M | 282.80M | 302.87M | 313.17M |
Revenue Actual | 253.14M | 271.48M | 308.97M | 276.77M |
To track all earnings releases for Kingsoft Cloud Hldgs visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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