Kingsoft Cloud Holdings Limited (KC) Tops Q4 EPS by 9c, Revenues Miss
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Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results
March 17, 2021 6:32 AM EDTBEIJING, March 17, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020.
Fourth quarter 2020 Financial Highlights
Total revenues were RMB1,922.7 million (US$1294.7 million) in the fourth quarter of 2020, representing an increase of 63.8% year-over-year.Gross profit was RMB92.6 million (US$14.2 million) in the fourth quarter of 2020, representing an increase of... More