"" Kingsoft Cloud (KC) has reported its second-quarter earnings, beating analyst estimates by ¥0.40 per share. The company's revenue for the quarter reached ¥3.07 billion, surpassing the consensus estimate of ¥3.03 billion.
The company's stock price closed at ¥10.84, down 23.77% in the last three months and 21.45% in the last 12 months. Despite the beating of earnings estimates, Kingsoft Cloud's stock price has declined significantly over the past year.
Kingsoft Cloud's financial health is considered "good performance" by InvestingPro. However, the company has seen 0 positive EPS revisions and 1 negative EPS revision in the last 90 days.
For more information on Kingsoft Cloud's recent earnings performance and financials, visit the link below.
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