Cheetah Mobile (CMCM) Misses Q3 EPS by 8c; Mobile Revenue Rose 16.3% Q/Q
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Cheetah Mobile Announces Third Quarter 2016 Unaudited Consolidated Financial Results
November 21, 2016 6:27 AM ESTBEIJING, Nov. 21, 2016 /PRNewswire/ --Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company that aims to provide leading applications to help make the internet and mobile experience smarter, speedier, and safer for users worldwide, today announced its unaudited consolidated financial results for the third quarter of 2016.
Third Quarter 2016 Financial Highlights
ŸTotal revenues increased by 9.7% year over year and 7.8% quarter over quarter to RMB1,128.3 million (US$169.2 million), slightly above the mid-point of the Company's guidance range. The quarter-over-quarter growth was... More