Brief: Kingsoft Cloud Announces Unaudited Fourth Quarter And Fiscal Year 2021 Financial Results

Kingsoft Cloud Holdings

24/03/2022 11:02

March 24 (Reuters) - Kingsoft Cloud Holdings Ltd  KC.O :
    * KINGSOFT CLOUD ANNOUNCES UNAUDITED FOURTH QUARTER AND
FISCAL
YEAR 2021 FINANCIAL RESULTS
    * SEES Q1 REVENUE RMB 2.05 BILLION TO RMB 2.15 BILLION
    * Q4 REVENUE ROSE 38 PERCENT TO RMB 2.66 BILLION
    * EXPECT TO ACHIEVE A POSITIVE ADJUSTED EBITDA MARGIN IN Q4
OF
2022
    * EXPECT TO SEE IMPROVEMENT IN ADJUSTED GROSS MARGIN AND
EBITDA
MARGIN IN Q1 OF 2022
    * QTRLY LOSS PER SHARE $0.02
    * Q4 REVENUE VIEW CNY 2.60 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX7RdJB8 
Further company coverage:  KC.O 

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