India, March 19 -- Kingsoft Cloud Holdings Limited (KC) revealed Loss for fourth quarter that decreased from the same period last year and beat the Street estimates.
The company's bottom line totaled -RMB196.959 million, or -RMB0.05 per share. This compares with -RMB284.148 million, or -RMB0.08 per share, last year.
Analysts on average had expected the company to earn -RMB0.82 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 29.6% to RMB2.232 billion from RMB1.722 billion last year.
Kingsoft Cloud Holdings Limited earnings at a glance (GAAP) :
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-Earnings: -RMB196.959 Mln. vs. -RMB284.148 Mln. las...