Cheetah Mobile Announces Fourth Quarter 2019 and Full Year 2019 Unaudited Consolidated Financial Results

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Cheetah Mobile (CMCM) Misses Q4 EPS by 44c, Revenues Miss

March 24, 2020 7:07 AM EDT

Cheetah Mobile (NYSE: CMCM) reported Q4 EPS of ($0.86), $0.44 worse than the analyst estimate of ($0.42). Revenue for the quarter came in at $87.9 million versus the consensus estimate of $191.68 million.

NET INCOME/LOSS PER ADS

Basic/diluted loss per ADS was RMB5.98 (US$0.86) in the fourth quarter of 2019, compared to diluted earnings per ADS of RMB5.09 of 2018. Non-GAAP basic/diluted loss per ADS was RMB1.78 (US$0.26) in the... More