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 Q4 2020

Earnings data Q1 2021

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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.

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Investors need to pay close attention to Kingsoft Cloud (KC) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Kingsoft Cloud (KC) Stock?

Kingsoft Cloud Holdings Limited (KC) CEO Yulin Wang on Q3 2021 Results - Earnings Call Transcript

Kingsoft Cloud Holdings (NASDAQ:KC) reported its Q3 earnings results on Wednesday, November 24, 2021 at 06:30 AM. Here's what investors need to know about the announcement.

Recap: Kingsoft Cloud Holdings Q3 Earnings

BEIJING, Nov. 24, 2021 (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, 2021.

Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results

Kingsoft Cloud Holdings (NASDAQ:KC) is set to give its latest quarterly earnings report on Wednesday, 2021-11-24. Here's what investors need to know before the announcement.

Earnings Preview: Kingsoft Cloud Holdings

BEIJING, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“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 third quarter ended September 30, 2021 before the open of U.S. markets on Wednesday, November 24, 2021.

Kingsoft Cloud to Report Third Quarter 2021 Financial Results on November 24, 2021

BEIJING, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced that it will convene an Extraordinary General Meeting of the Company (“EGM”) at 10:00 a.m. on December 17, 2021, Beijing Time. The Board resolved to convene the EGM to consider and vote on the resolutions set out in the notice of EGM. The notice of the EGM and the proxy form are attached as Exhibit 99.2 and 99.3, respectively, to the Current Report on Form 6-K furnished by the Company to the Securities and Exchange Commission today. The notice of the EGM and the proxy form for the EGM are also posted to the Company's website at http://ir.ksyun.com.

Kingsoft Cloud to Hold an Extraordinary General Meeting on December 17, 2021

Investors got bearish after the company's latest earnings result.

Why Kingsoft Cloud Holdings Stock Slumped on Friday

Kingsoft Cloud Holdings Limited (KC) CEO Yulin Wang on Q2 2021 Results - Earnings Call Transcript

Chinese cloud service provider Kingsoft Cloud Holdings Ltd (NASDAQ: KC) reported second-quarter FY21 revenue growth of 41.6% year-on-year to $336.7 million (RMB2.17 billion), beating the analyst consensus of $335.2 million. Revenues from public cloud services rose 20.5% Y/Y to $240.2 million, and enterprise cloud services increased 152.8% Y/Y to $96.4 million.

Kingsoft Cloud Stock Gains After 42% Q2 Revenue Growth; Issues Robust Q3 Outlook

Shares of Kingsoft Cloud Holdings (NASDAQ:KC) fell 8.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 700.00% over the past year to ($0.16), which missed the estimate of ($0.13).

Recap: Kingsoft Cloud Q2 Earnings

BEIJING, Aug. 25, 2021 (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 second quarter ended June 30, 2021.

Kingsoft Cloud Announces Unaudited Second Quarter 2021 Financial Results

BEIJING, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“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, 2021 before the open of U.S. markets on Wednesday, August 25, 2021.

Kingsoft Cloud to Report Second Quarter 2021 Financial Results on August 25, 2021

BEIJING, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, announced that the Company made a major strategic move in its Enterprise Cloud Services (“ECS”) business by entering into a definitive agreement to acquire controlling interests in Camelot Employee Scheme Inc. (“Camelot”). The proposed transaction is expected to bring significant synergies to the Company, in particular:

Kingsoft Cloud Announces Major Strategic Move in Enterprise Cloud Services

China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger.

4 Stocks To Win Big From China's SaaS Push

Kingsoft Cloud Holdings Limited (KC) CEO Yulin Wang on Q1 2021 Results - Earnings Call Transcript

Kingsoft Cloud Holdings Ltd (NASDAQ: KC) reported first-quarter FY21 revenue growth of 30.4% year-on-year to $276.8 million (RMB1.8 billion), missing the analyst consensus of $291.33 million. Revenues from public cloud services rose 15.2% Y/Y to $212.4 million (RMB1.4 billion), and Enterprise cloud services increased 131.3% Y/Y to $64.1 million (RMB420 million).

Kingsoft Cloud Reports Mixed Q1 Earnings

BEIJING, May 18, 2021 (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 first quarter ended March 31, 2021.

Kingsoft Cloud Announces Unaudited First Quarter 2021 Financial Results

BEIJING, May 07, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“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, 2021 before the open of U.S. markets on Tuesday, May 18, 2021.

Kingsoft Cloud to Report First Quarter 2021 Financial Results on May 18, 2021

Kingsoft Cloud is one of the most attractive cloud computing stocks in China. It is also one of the few companies in Asia that have scaled its business to generate nearly $1 billion in revenue in 2020.

Kingsoft Cloud: An Attractive Cloud Computing Stock In China

BEIJING, April 22, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), 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, 2020 with the Securities and Exchange Commission ("SEC") on April 22, 2021. 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 2020

BEIJING, April 22, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it has published its first Environmental, Social and Governance (ESG) Report (the “Report”). The Company delivered the Report within one year after it went public in May 2020, taking a leading position championing ESG values, which speaks to the great importance that the Company attaches to its ESG responsibility.

Kingsoft Cloud Releases First Environmental, Social and Governance Report

Kingsoft Cloud Holdings Limited (KC) CEO Yulin Wang on Q4 2020 Results - Earnings Call Transcript

The Chinese cloud computing specialist reported fourth-quarter results.

Why Kingsoft Cloud Stock Crashed Today

BEIJING, March 17, 2021 (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 fourth quarter and fiscal year ended December 31, 2020.

News for Kingsoft Cloud Holdings Stock (KC)