When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
KC - Kingsoft Cloud GAAP EPS of -$0.02 beats by $0.30 revenue of $342.9M beats by $18.04M
Kingsoft Cloud Holdings Limited
Kingsoft Cloud press release (NASDAQ:KC): Q1 GAAP EPS of -$0.02 beats by $0.30. Revenue of $342.9M (+19.9% Y/Y) beats by $18.04M. For 2Q22, the company expects total revenues to be between RMB2B and RMB2.2B, representing a year- over-year growth of -8.0% to 1.2%. The company also expects adjusted gross margin to be higher in the second quarter than in first quarter and the adjusted EBITDA margin will breakeven in the fourth quarter of 2022.