Cloopen Group (RAAS) Reports Q1 Loss Per Share of $1.95

Cloopen Group Holding Limited (NYSE: RAAS) reported Q1 EPS of ($1.95), $1.92 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $31.2 million versus the consensus estimate of $30.18 million.

Outlook:

For the second quarter of 2021, Cloopen currently expects revenues to be between RMB255.0 million to RMB260.0 million, representing an increase of 37.6% to 40.3% 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.

You May Also Be Interested In

• Ondas Holdings Inc. (ONDS) Misses Q2 EPS by 9c
• Karyopharm Therapeutics (KPTI) Misses Q2 EPS by $1.01, Beats on Revenue; Offers FY26 Revenue Guidance
• Aebi Schmidt Holding AG (AEBI) Reports Q2 results; offers guidance