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home / news releases / kingsoft cloud gaap eps of 0 02 beats by 0 19 revenu

KC - Kingsoft Cloud GAAP EPS of -$0.02 beats by $0.19 revenue of $271.5M misses by $17.48M

Kingsoft Cloud Holdings Limited

2023-05-23 07:32:28 ET

  • Kingsoft Cloud press release ( NASDAQ: KC ): Q1 GAAP EPS of -$0.02 beats by $0.19 .
  • Revenue of $271.5M (-20.8% Y/Y) misses by $17.48M .
  • CFO comment: "Looking ahead, we will continue to take various measures to cut down expenses and we believe we are well on track to quarterly adjusted EBITDA breakeven.”

  • For 2Q23, the company expects total revenues to be between RMB1.85 billion and RMB2.00 billion.

For further details see:

Kingsoft Cloud GAAP EPS of -$0.02 beats by $0.19, revenue of $271.5M misses by $17.48M
Stock Information
Company Name: Kingsoft Cloud Holdings Limited
Stock Symbol: KC
Market: NASDAQ
Website: ksyun.com
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