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Cheetah Mobile Inc. Q3 Loss Rises

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

Cheetah Mobile Inc. (CMCM) released Loss for its third quarter that increased from last year

The company's bottom line totaled -RMB46.90 million, or -RMB1.6150 per share. This compares with -RMB24.29 million, or -RMB0.7206 per share, in last year's third quarter.

Excluding items, Cheetah Mobile Inc. reported adjusted earnings of -RMB35.36 million or -RMB1.2300 per share for the period.

The company's revenue for the quarter rose 16.6% to RMB192.08 million from RMB164.80 million last year.

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

-Earnings (Q3): -RMB46.90 Mln. vs. -RMB24.29 Mln. last year.
-EPS (Q3): -RMB1.6150 vs. -RMB0.7206 last year.
-Revenue (Q3): RMB192.08 Mln vs. RMB164.80 Mln last year.

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