|Bid||31.02 x 1300|
|Ask||31.06 x 1000|
|Day's Range||29.68 - 31.60|
|52 Week Range||23.81 - 74.67|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 16, 2021 - Nov 22, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||48.32|
Shares of Kingsoft Cloud Holdings (NASDAQ: KC) slumped on Friday, two days after the company reported its second-quarter earnings results. On Wednesday, Aug. 25, Kingsoft Cloud Holdings released its Q2 earnings report. While the top-line numbers looked good, Kingsoft Cloud Holdings has terrible gross margins.
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. Second Quarter 2021 Financial Highlights Total revenues were RMB2,173.7 million (US$1336.7 million) in the second quarter of 2021, representing a large increase of 41.6% from RMB1,534.8 million in the same period of 2020. Benefi
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