Cheetah Mobile Announces Third Quarter 2016 Unaudited Consolidated Financial Results

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Cheetah Mobile (CMCM) Misses Q3 EPS by 8c; Mobile Revenue Rose 16.3% Q/Q

November 21, 2016 6:30 AM EST

Cheetah Mobile (NYSE: CMCM) reported Q3 EPS of ($0.08), $0.08 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $169.2 million versus the consensus estimate of $166.58 million.

Mobile revenues increased by 26.8% year over year and 16.3% quarter over quarter to RMB898.2 million (US$134.7... More