Cheetah Mobile (CMCM) Reports Q3 EPS of $0.28

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Go back to Cheetah Mobile (CMCM) Reports Q3 EPS of $0.28

Cheetah Mobile Announces Third Quarter 2020 Unaudited Consolidated Financial Results

November 24, 2020 3:20 AM EST

BEIJING, Nov. 24, 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 third quarter ended September 30, 2020.

Management Commentary

Mr. Sheng Fu, Cheetah Mobile's Chairman and Chief Executive Officer, stated, "In the third quarter of 2020, our revenue came in ahead of management's revenue guidance. However, we still face challenges in growing our total revenues in the coming quarters due to the unfavorable environment in overseas markets. On the other... More