Kingsoft Cloud Holdings

Kingsoft Cloud Holdings Ltd. provides cloud storage and cloud computation services. It offers cloud platform consisting of cloud infrastructure, cutting-edge cloud products and architected industry-specific solutions across public cloud, enterprise cloud and AIoT cloud services. The firm’s products include computing, networking, storage & CDN, database, data analysis and security. It offers medical & healthcare solutions, supply chain finance solutions, e-government solutions, internet of vehicles solutions, media cloud solutions, big data education & training solutions, cloud integrated service and cloud gaming service. The company was founded in 2012 and is headquartered in Beijing, China.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Kingsoft Cloud achieves milestone profitability in Q1 2024 earnings

Kingsoft Cloud's Q1 2024 earnings call highlighted a positive financial trajectory with adjusted EBITDA turning positive for the first time, underpinned by revenue growth and margin improvements.
The company's focus on high value-added products, AI opportunities, and sustainability efforts positions it well for future growth and profitability.
While challenges like margin improvement pace and market pricing strategies exist, opportunities in AI, revenue mix adjustments, and cost controls offer avenues for continued success.
Investors and analysts are keen on understanding the drivers of AI revenue growth and the company's total CapEx guidance, indicating interest in future strategic moves and financial performance.

Kingsoft Cloud reports improved Q2 profitability and eyes AI growth

Kingsoft Cloud's Q2 2024 performance reflects improved profitability, revenue growth, and effective cost management.
The company's strengths lie in technological leadership, market presence expansion, and cash-generating ability from operations.
Challenges include revenue diversification, margin sustainability, and balancing cost reductions with growth investments, while opportunities exist in AI, market expansion, and strategic partnerships.

Kingsoft Cloud reports strong Q3 growth, eyes ecosystem opportunities

Kingsoft Cloud's Q3 2024 performance reflects robust revenue growth, profitability improvements, and a focus on strategic segments like AI.
The company's strengths lie in capitalizing on ecosystem opportunities, maintaining financial stability, and driving growth through key partnerships.
Challenges include addressing analyst inquiries, managing capital expenditures, and balancing growth with profitability.
Opportunities exist in further leveraging ecosystem partnerships, expanding AI business, and exploring synergies for sustainable growth.

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Kingsoft Cloud Holdings Limited provides cloud-based services to Asia-based companies. The company's revenue continues to decline and operating losses remain high despite efforts to grow AI capabilities and reduce customer dependence. The global cloud services market is expected to reach $2.5 trillion by 2031, driving the potential for growth in Kingsoft Cloud.

Kingsoft Cloud Reduces Major Customer Dependence, Pursues Quality Revenue Growth

Kingsoft Cloud Holdings Limited (NASDAQ:KC ) Q2 2023 Earnings Conference Call August 21, 2023 8:15 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - Vice Chairman and CEO Henry He - CFO Conference Call Participants Xiaodan Zhang - CICC Timothy Zhao - Goldman Sachs Allen Li - JPMorgan Operator Good day and thank you for standing by. Welcome to Kingsoft Cloud's Second Quarter 2023 Earnings Conference Call.

Kingsoft Cloud Holdings Limited (KC) Q2 2023 Earnings Call Transcript

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Kingsoft Cloud Announces Unaudited Second Quarter 2023 Financial Results

BEIJING, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2023 and its unaudited interim results for the six months ended June 30, 2023 before the open of U.S. markets on Tuesday, August 22, 2023.

Kingsoft Cloud to Report Second Quarter 2023 Financial Results on August 22, 2023

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Shares of Kingsoft Cloud have been on the rise in both Hong Kong ( HK:3896 ) and Nasdaq ( US:KC ) trading after a strong lift on June 9, driven by the news that CEO and Vice Chairman Zou Tao purchased more shares in the company.

Dual-Traded Kingsoft Cloud Shares Rocket in Both Markets as CEO's Share Purchase Boosts Confidence

BEIJING, June 09, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced that the board (the “Board”) of directors (the “Directors”) of the Company informs shareholders of the Company (the “Shareholders”) and potential investors that, Mr. Zou Tao (“Mr. Zou”), an executive Director, the Vice Chairman of the Board and the Chief Executive Officer of the Company, informed the Company that, during this week, he had purchased an aggregate of 2,000,000 ordinary shares of the Company at a weighted average price of HK$2.625 on the open market. The share purchases were not conducted pursuant to a trade plan or program. The Board has been further notified by Mr. Zou that, in the future, he and possibly the management team may further purchase shares of the Company from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.

Kingsoft Cloud Announces Share Purchase by Vice Chairman and Chief Executive Officer

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Kingsoft Cloud Holdings Limited (NASDAQ:KC ) Q1 2023 Earnings Conference Call May 23, 2023 8:15 AM ET Company Participants Nicole Shan - Investor Relations Manager Tao Zou - Vice Chairman and Acting Chief Executive Officer Henry He - Chief Financial Officer Conference Call Participants Xiaodan Zhang - CICC Brian Gong - Citi Operator Ladies and gentlemen, thank you for standing by, and welcome to Kingsoft Cloud First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Kingsoft Cloud Holdings Limited (KC) Q1 2023 Earnings Call Transcript

BEIJING, May 23, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.

Kingsoft Cloud Announces Unaudited First Quarter 2023 Financial Results

Kingsoft Cloud Holdings Limited went public in early 2020, raising approximately $510 million in gross proceeds in a U.S. IPO. The firm provides Chinese and other Asian companies with a suite of cloud software services.

Kingsoft Cloud Seeks Balanced Growth But Operating Losses Remain Heavy

BEIJING, May 09, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2023 before the open of U.S. markets on Tuesday, May 23, 2023.

Kingsoft Cloud to Report First Quarter 2023 Financial Results on May 23, 2023

BEIJING, April 27, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission ("SEC") on April 27, 2023. The annual report can be accessed on the Company's investor relations website at http://ir.ksyun.com as well as the SEC's website at http://www.sec.gov.

Kingsoft Cloud Files Annual Report on Form 20-F for Fiscal Year 2022 and Releases 2022 Environmental, Social and Governance (ESG) Report

Kingsoft Cloud Holdings Limited (NASDAQ:KC ) Q4 2022 Results Conference Call March 29, 2023 8:00 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - VC, CEO Henry He - CFO Conference Call Participants Allen Li - JP Morgan Brian Gong - Citi Timothy Zao - Goldman Sachs Operator Good day, and thank you for standing by. Welcome to the Kingsoft Cloud Fourth Quarter and Full Year 2022 Earnings Conference Call.

Kingsoft Cloud Holdings Limited (KC) Q4 2022 Earnings Call Transcript

BEIJING, March 29, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022.

Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results

BEIJING, March 15, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022 before the open of U.S. markets on Wednesday, March 29, 2023.

Kingsoft Cloud to Report Fourth Quarter and Fiscal Year 2022 Financial Results on March 29, 2023

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BEIJING, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced that the shareholders of the Company duly adopted all the resolutions proposed by the Company at its extraordinary general meeting of shareholders held in Beijing today, with high approval rate, paving way to Company's proposed listing on Main Board of The Stock Exchange of Hong Kong Limited.

Kingsoft Cloud Announces Results of Extraordinary General Meeting Following Proposed Dual Primary Listing on Hong Kong Stock Exchange and New Board Appointment

Kingsoft Cloud Holdings Limited went public in early 2020, raising approximately $510 million in a U.S. IPO. The firm provides a range of IT infrastructure software and services to companies in China.

Kingsoft Cloud In Turnaround As Demand Weakens

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Kingsoft Cloud Holdings Limited (NASDAQ:KC ) Q3 2022 Earnings Conference Call November 23, 2022 7:00 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - Vice Chairman & CEO Haijian He - CFO Conference Call Participants Thomas Chong - Jefferies Xiaodan Zhang - CICC Joel Ying - Nomura Timothy Zhao - Goldman Sachs Operator Thank you for standing by, and welcome to the Kingsoft Cloud Holdings Third Quarter 2022 Earnings Conference Call. All participants are in a listen-only mode.

Kingsoft Cloud Holdings Limited (KC) Q3 2022 Earnings Call Transcript

BEIJING, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2022.

News for Kingsoft Cloud Holdings Stock (KC)