Cheetah Mobile (CMCM) Reports Q3 EPS of $0.28

Cheetah Mobile (NYSE: CMCM) reported Q3 EPS of $0.28. Revenue for the quarter came in at $53.8 million versus the consensus estimate of $75.75 million.

Business Outlook:

For the fourth quarter of 2020, the Company expects its total revenues to be between RMB230 million (US$34 million) and RMB280 million (US$41 million). This amount reflects the Company's current and preliminary expectations, which include the fact that the disposed business and assets will no longer be included in the Company's revenues as well as the assumption the COVID-19 situation will not cause any significant disruptions to its operations throughout the remainder of the fourth quarter.

For earnings history and earnings-related data on Cheetah Mobile (CMCM) click here.

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