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Kingsoft Cloud Holdings KC reported its Q2 earnings results on Tuesday, September 6, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Kingsoft Cloud Holdings missed estimated earnings by 7.69%, reporting an EPS of $-0.28 versus an estimate of $-0.26.
Revenue was down $52.03 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 12.45% drop in the share price the next day.
Here’s a look at Kingsoft Cloud Holdings’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.27 | -0.33 | -0.20 | -0.13 |
| EPS Actual | -0.29 | -0.36 | -0.22 | -0.16 |
| Revenue Estimate | 312.23M | 408.19M | 397.19M | 335.16M |
| Revenue Actual | 342.91M | 417.37M | 374.62M | 336.66M |
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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Image and article originally from www.benzinga.com. Read the original article here.