KC - Why Chinese Cloud Service Provider Kingsoft Shares Are Falling Today | Benzinga
Kingsoft Cloud Holdings Limited (NASDAQ: KC) shares are trading lower after the company reported a third-quarter FY23 revenue of $222.754 million, missing the consensus of $244.77 million. Revenues fell 17.5% Y/Y.
Adjusted earnings per ADS was $(0.18), missing the analyst consensus of $(0.17) loss.
The decrease was mainly due to ...