Kingsoft Cloud Q1 2023 Earnings Report

Kingsoft Cloud EPS Results

• Actual EPS: -$0.37
• Consensus EPS: -$0.28
• Beat/Miss: Missed by -$0.09
• One Year Ago EPS: N/A

Kingsoft Cloud Revenue Results

• Actual Revenue: $271.48 million
• Expected Revenue: $280.77 million
• Beat/Miss: Missed by -$9.29 million
• YoY Revenue Growth: N/A

Kingsoft Cloud Announcement Details

• Quarter: Q1 2023
• Date: 5/23/2023
• Time: N/A

Kingsoft Cloud (NASDAQ:KC) provides cloud services to businesses and organizations primarily in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, database, big data, security, storage, and delivery solutions. It offers research and development services, as well as enterprise digital solutions and related services. The company also provides public cloud services to customers in various verticals, including video, e-commerce, intelligent mobility, artificial intelligence, and mobile internet; and enterprise cloud services to customers in financial services, public service, and healthcare businesses. Kingsoft Cloud Holdings Limited was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.