Cloopen Group Holding Limited (RAAS) Reports Q4 Loss Per Share of $5.77

Cloopen Group Holding Limited (NYSE: RAAS) reported Q4 EPS of ($5.77), $5.74 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $39.6 million versus the consensus estimate of $41.42 million.

GUIDANCE:

Cloopen Group Holding Limited sees Q1 2021 revenue of $29.4-30.2 million, versus the consensus of $28.99 million.

• For the first quarter of 2021, Cloopen currently expects revenues to be between RMB192.0 million (US$29.4 million) to RMB197.0 million (US$30.2 million), representing an increase of 45.0% to 48.8% year-over-year.
• The above outlook is based on the current market conditions and reflects the Company's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial change and uncertainty.

For earnings history and earnings-related data on Cloopen Group Holding Limited (RAAS) click here.

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