Kingsoft Cloud Holdings Ltd - ADR

NASDAQ:KC  
4.76
+0.31 (+6.97%)
Other Pre-Announcement

Kingsoft Cloud Announces First Quarter 2022 Financial Results

Published: 06/08/2022 12:38 GMT
Kingsoft Cloud Holdings Ltd - ADR (KC) - Kingsoft Cloud Announces Unaudited First Quarter 2022 Financial Results.
Sees Q2 Revenue Rmb 2.0 Billion to Rmb 2.2 Billion.
Q1 Revenue Rose 19.9 Percent to Rmb 2.174 Billion.
Qtrly Basic and Diluted Net Loss per Share Was Rmb0.15 (us$0.02).
Expects Our Adjusted Gross Margin Will Be Higher in Q2 Than in Q1 and Adjusted EBITDA Margin Will Breakeven in Q4 of 2022.