Recap: Kingsoft Cloud Holdings Q2 Earnings

Kingsoft Cloud Holdings KC reported its Q2 earnings results on Tuesday, September 6, 2022 at 07:00 AM.

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

Kingsoft Cloud Holdings missed estimated earnings by 7.69%, reporting an EPS of $-0.28 versus an estimate of $-0.26.

Revenue was down $52.03 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 12.45% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.27	-0.33	-0.20	-0.13
EPS Actual	-0.29	-0.36	-0.22	-0.16
Revenue Estimate	312.23M	408.19M	397.19M	335.16M
Revenue Actual	342.91M	417.37M	374.62M	336.66M

To track all earnings releases for Kingsoft Cloud Holdings visit their earnings calendar here.

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

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