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.
