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Kingsoft Cloud Q1 Loss Narrows, Revenue Increases
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Kingsoft Cloud Q1 Loss Narrows, Revenue Increases
May 28, 2025 6:14 AM

08:33 AM EDT, 05/28/2025 (MT Newswires) -- Kingsoft Cloud Holdings ( KC ) reported a Q1 net loss Wednesday of 0.08 Chinese renminbi ($0.01) per diluted share, narrowing from a loss of 0.10 renminbi a year earlier.

Comparable analyst estimates were not readily available.

Revenue for the quarter ended March 31 was 1.97 billion renminbi, up from 1.78 billion renminbi a year earlier.

Three analysts surveyed by FactSet expected 2.20 billion renminbi.

Shares of the company were down around 3% in recent premarket activity.

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