Cheetah Mobile (CMCM) Reports Q2 EPS of $0.25

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Cheetah Mobile Announces Second Quarter 2020 Unaudited Consolidated Financial Results

August 18, 2020 2:39 AM EDT

BEIJING, Aug. 18, 2020 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced its unaudited consolidated financial results for the second quarter ended June 30, 2020.

Management Commentary

Mr. Sheng Fu, Cheetah Mobile's Chairman and Chief Executive Officer, stated, "Our second quarter revenue came in ahead of management's expectations despite the unfavorable macro environment caused by the outbreak of COVID-19. We have shifted our business focus from overseas markets to the domestic market. As a result, non-GAAP... More