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Kingsoft Cloud Holdings Limited Q3 Loss Rises

Kingsoft Cloud Holdings Limited (KC) released Loss for its third quarter that increased from the same period last year

The company's bottom line came in at -RMB793.060 million, or -RMB0.22 per share. This compares with -RMB507.968 million, or -RMB0.15 per share, in last year's third quarter.

The company's revenue for the quarter fell 18.4% to RMB1.968 billion from RMB2.413 billion last year.

Kingsoft Cloud Holdings Limited earnings at a glance (GAAP) :

-Earnings (Q3): -RMB793.060 Mln. vs. -RMB507.968 Mln. last year.
-EPS (Q3): -RMB0.22 vs. -RMB0.15 last year.
-Revenue (Q3): RMB1.968 Bln vs. RMB2.413 Bln last year.

-Guidance:
Next quarter revenue guidance: RMB2 Bln- RMB2.2 Bln

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