Cheetah Mobile (CMCM) Reports Q2 EPS of RMB0.81

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Go back to Cheetah Mobile (CMCM) Reports Q2 EPS of RMB0.81

Summit Research Reiterates Buy on Cheetah Mobile (CMCM) Following 2Q15

August 18, 2015 2:13 PM EDT

Summit Research reiterated a Buy rating and $38.00 price target on Cheetah Mobile (NYSE: CMCM) following the company's 2Q15 earnings report. Revenue came in at RMB872.5M, RMB72M ahead of consensus (a 9% beat).

Analyst Henry Guo commented, "As we expected, CMCM reported a... More