Kingsoft Cloud Hldgs: Q3 Earnings Insights

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.

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.

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.

Earnings Calendar