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Kingsoft Cloud Q4 Loss Narrows, Revenue Increases
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Kingsoft Cloud Q4 Loss Narrows, Revenue Increases
Mar 19, 2025 5:37 AM

08:03 AM EDT, 03/19/2025 (MT Newswires) -- Kingsoft Cloud ( KC ) reported a Q4 loss Wednesday of 0.05 Chinese renminbi ($0.01) per diluted share, narrowing from a loss of 0.08 renminbi a year earlier.

Comparable analyst estimates were not readily available.

Revenue for the quarter ended Dec. 31 was 2.23 billion renminbi, up from 1.72 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 2.09 billion renminbi.

Shares of the Chinese data storage and cloud services provider were up more than 5% in recent premarket activity.

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