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Kingsoft Cloud Holdings Ltd - KC STOCK NEWS

Welcome to our dedicated news page for Kingsoft Cloud Holdings (Ticker: KC), a resource for investors and traders seeking the latest updates and insights on Kingsoft Cloud Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kingsoft Cloud Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kingsoft Cloud Holdings's position in the market.

News
Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Kingsoft Cloud Holdings (KC) reports unaudited financial results for Q4 and fiscal year 2023, showcasing growth in revenues from AI customers and enterprise cloud projects. The company focuses on high-quality revenue expansion and profitability improvement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.15%
Tags
earnings
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News
Kingsoft Cloud to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 20, 2024
Rhea-AI Summary
Kingsoft Cloud Holdings Limited (KC) announced the release of its unaudited financial results for Q4 and fiscal year 2023. The earnings conference call will be held on March 20, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
Tags
conferences earnings
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News
Kingsoft Cloud Announces Results of Extraordinary General Meeting
Rhea-AI Summary
Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) has announced the adoption of proposed resolutions at the extraordinary general meeting, held in Beijing, China. The resolutions were submitted for shareholders' approval and were set forth in the notice of the meeting dated January 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
none
News
Kingsoft Cloud to Hold Extraordinary General Meeting on February 8, 2024
Rhea-AI Summary
Kingsoft Cloud Holdings Limited (NASDAQ: KC, HKEX: 3896) to hold extraordinary general meeting of shareholders on February 8, 2024. Shareholders to consider proposed resolutions as per EGM Notice. Voting instructions for ADS holders available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
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News
Kingsoft Cloud Announces Unaudited Third Quarter 2023 Financial Results
Rhea-AI Summary
Kingsoft Cloud (KC) announced unaudited financial results for Q3 2023, with total revenues of RMB1,625.2 million, a 17.5% decrease YoY. Adjusted gross margin grew to a record high of 12.1%, while normalized adjusted EBITDA significantly narrowed from negative RMB202.0 million to negative RMB44.1 million. The company's strategic adjustment of revenue mix, optimized enterprise cloud project selection, and efficient cost control measures resulted in significant improvements in gross profit and margin. AI business revenue grew rapidly, but revenue contribution from the largest CDN customer decreased to 12% from 16% in the previous quarter. Total operating expenses were RMB1,001.1 million, and net loss was RMB789.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.34%
Tags
earnings
-
News
Kingsoft Cloud to Report Third Quarter 2023 Financial Results on November 21, 2023
Rhea-AI Summary
Kingsoft Cloud Holdings Limited will release its unaudited financial results for the third quarter ended September 30, 2023 before the open of U.S. markets on Tuesday, November 21, 2023. The company will also host an earnings conference call on the same day at 7:15 am, U.S. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
conferences earnings
News
Kingsoft Cloud Announces Unaudited Second Quarter 2023 Financial Results
Rhea-AI Summary
Kingsoft Cloud reported unaudited financial results for Q2 2023, with total revenues of RMB1,835.4 million, a decrease of 3.7% compared to the same period last year. Gross margin reached a historical high of 11.3%, increasing by 7.9 percentage points YoY. Non-GAAP EBITDA margin improved to -3.3% from -8.6% in Q2 2022. The company recorded operating cash inflow of RMB65.2 million. Revenues from public cloud services decreased by 10.1% while revenues from enterprise cloud services increased by 9.5% YoY. Kingsoft Cloud aims to leverage synergy with Xiaomi and Kingsoft Corporation ecosystem to embrace opportunities in the AI trend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
earnings
-
News
Kingsoft Cloud to Report Second Quarter 2023 Financial Results on August 22, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
conferences earnings
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News
Kingsoft Cloud Announces Share Purchase by Vice Chairman and Chief Executive Officer
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.72%
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none
News
Kingsoft Cloud Announces Unaudited First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.63%
Tags
earnings
Stock KC logo
Kingsoft Cloud Holdings Ltd

Nasdaq:KC

KC Rankings

#2664 Ranked by Market Cap
#197 Ranked by Stock Gains
N/A Ranked by Dividends

KC Stock Data

723.39M
1.61B
17.71%
3.21%
Software Publishers
Information
Link
CN
Haidian District

About KC

北京金山云网络技术有限公司（以下简称“金山云”）为金山软件旗下的子公司，成立于2012年，是国内领先的云计算服务提供商，在北京、上海、成都、广州、香港和北美等全球各地设立数据中心及运营机构。 目前，金山云研发人员超过400人，核心技术团队来自百度、阿里巴巴、腾讯、微软、中国电信、金山软件等国内外一流的it公司；金山云服务器总规模超过两万台，资产总额超过5亿元，2014年营业收入近1亿元，预计2015年营业收入将达到5亿元左右。从人员数量、服务器规模、营业收入等方面来看，金山云已经成为国内领先的第三方云服务商。 成立短短3年间，金山云获得诸多殊荣。2012年，金山云受邀参与北京市“祥云工程”建设；2013年3月，金山云存储入选北京市四大云计算项目；2014年7月，金山云首批通过工信部组织的可信云服务认证，并荣获“年度新进云服务大奖”；同年12月，金山云承建的“高安全海量云存储北京市工程实验室创新能力建设项目”通过验收，成为我国云存储领域的标杆项目。2015年3月，金山云获中关村管委会权威认证，被授予中关村智能硬件唯一云服务平台称号，同月金山云还被工信部评选为云计算十大最具影响力企业、年度云计算应用优秀实践单位、年度云计算优秀解决方案/产品服务商；2015年7月，金山云通过公安部信息系统安全等级保护第三级认证，同月金山云还独家荣获“可信云2014-2015年度游戏云服务奖”。 我们的产品主要有云主机、云存储、关系型数据库、云监控和云安全。 我们的优势： 一、金山云拥有国内规模最大的openstack公有云，同时，金山云已成为国内首家提供混合云解决方案的云服务企业。 二、金山云已经成为国内最大的商业云存储服务商 三、金山云打造了国内最先进的医疗云平台 四、金山云构建了国内最大的游戏云平台，形成完善的游戏产业生态。