Recap: Kingsoft Cloud Holdings Q3 Earnings

Kingsoft Cloud Holdings KC reported its Q3 earnings results on Wednesday, November 24, 2021 at 06:30 AM.

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

Kingsoft Cloud Holdings missed estimated earnings by 10.0%, reporting an EPS of $-0.22 versus an estimate of $-0.2, which did not surprise analysts.

Revenue was up $119,991,000.00 from the same period last year.

Last quarter the company missed on EPS by $0.03, which was followed by a 1.09% increase in the share price the next day.

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

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	-0.13	-0.15	-0.09	-0.16
EPS Actual	-0.16	-0.15	-0.12	-0.11
Revenue Estimate	335.16M	291.33M	297.23M	261.67M
Revenue Actual	336.66M	276.80M	294.67M	254.63M

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

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