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Benzinga Insights

Kingsoft Cloud: Q1 Earnings Insights

 

Kingsoft Cloud Holdings (NASDAQ:KC) reported its Q1 earnings results on Wednesday, June 8, 2022 at 06:30 AM.

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

Earnings

Kingsoft Cloud Holdings missed estimated earnings by 7.41%, reporting an EPS of $-0.29 versus an estimate of $-0.27.

Revenue was up $66.11 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 10.37% drop in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.33 -0.20 -0.13 -0.15
EPS Actual -0.36 -0.22 -0.16 -0.15
Revenue Estimate 408.19M 397.19M 335.16M 291.33M
Revenue Actual 417.37M 374.62M 336.66M 276.80M

To track all earnings releases for Kingsoft Cloud Holdings visit their earnings calendar here.

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

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