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Cheetah Mobile Inc. Q2 Loss Narrows

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Cheetah Mobile Inc. (CMCM) announced Loss for second quarter that decreased from last year

The company's bottom line came in at -RMB123.84 million, or -RMB4.2067 per share. This compares with -RMB258.79 million, or -RMB8.8693 per share, in last year's second quarter.

Excluding items, Cheetah Mobile Inc. reported adjusted earnings of -RMB108.76 million or -RMB3.7050 per share for the period.

The company's revenue for the quarter rose 12.3% to RMB187.42 million from RMB166.96 million last year.

Cheetah Mobile Inc. earnings at a glance (GAAP) :

-Earnings (Q2): -RMB123.84 Mln. vs. -RMB258.79 Mln. last year.
-EPS (Q2): -RMB4.2067 vs. -RMB8.8693 last year.
-Revenue (Q2): RMB187.42 Mln vs. RMB166.96 Mln last year.

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