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Initiation
Kingsoft Cloud initiated with a Buy at Goldman Sachs » 09:35
06/29/20
06/29
09:35
06/29/20
09:35
KC

Kingsoft Cloud

$27.37 /

-1.56 (-5.39%)

Goldman Sachs analyst…

Goldman Sachs analyst Elsie Cheng initiated coverage of Kingsoft Cloud with a Buy rating and $34 price target. Given its pure cloud business focus, solid foothold in video cloud with a strong customer profile and premium customers strategy, Cheng sees Kingsoft being well positioned to capture share in China's fast growing cloud market, the analyst tells investors.

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KC Kingsoft Cloud
$27.37 /

-1.56 (-5.39%)

  • 08
    May
Over a month ago
Earnings
Kingsoft Cloud sees Q2 revenue RMB1.5B-RMB1.54B » 07:31
06/03/20
06/03
07:31
06/03/20
07:31
KC

Kingsoft Cloud

$22.78 /

+1.53 (+7.20%)

For the second quarter of…

For the second quarter of 2020, the Company expects total revenues to be between RMB1.50B and RMB1.54B, representing a year-over-year growth of 60% to 65%. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.

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KC Kingsoft Cloud
$22.78 /

+1.53 (+7.20%)

Earnings
Kingsoft Cloud reports Q1 EPS (RMB0.39) vs. (RMB0.23) last year » 07:30
06/03/20
06/03
07:30
06/03/20
07:30
KC

Kingsoft Cloud

$22.78 /

+1.53 (+7.20%)

Reports Q1 revenue…

Reports Q1 revenue RMB1.39B vs. RMB845.8M last year. "We are pleased to report strong operational and financial results in our first quarter as a public company. Our total revenues increased 64.5% year-over-year to RMB1,391.0 million, driven by solid growth in both public cloud and enterprise cloud services," commented Mr. Yulin Wang, Chief Executive Officer of Kingsoft Cloud. "We believe the deeper penetration of cloud technology and commercial adoption of 5G will create long-term growth opportunities for both public cloud and enterprise cloud services in China. We are confident that our cutting-edge technology and ability to effectively execute our strategy will ideally position us to capture the growth opportunities the cloud industry will create in the future. We remain committed to upholding the highest standards of corporate social responsibility and in response to the outbreak of COVID-19, we have devoted resources towards helping society and businesses readjusting to the new normal. For example, we rapidly developed new cloud solutions to support companies in various verticals that have seen demand during the pandemic such as online healthcare, education, remote working and entertainment among others."

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Syndicate
Kingsoft Cloud opens at $20.37, IPO priced at $17.00  12:11
05/08/20
05/08
12:11
05/08/20
12:11
KC

Kingsoft Cloud

$0.00 /

+ (+0.00%)

 
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  • 08
    May
Syndicate
Kingsoft Cloud indicated to open at $20.25, IPO priced at $17.00  12:01
05/08/20
05/08
12:01
05/08/20
12:01
KC

Kingsoft Cloud

$0.00 /

+ (+0.00%)

 
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  • 08
    May
Syndicate
Kingsoft Cloud indicated to open at $20.21, IPO priced at $17.00  11:50
05/08/20
05/08
11:50
05/08/20
11:50
KC

Kingsoft Cloud

$0.00 /

+ (+0.00%)

 
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  • 08
    May
Syndicate
Kingsoft Cloud indicated to open at $20, IPO priced at $17  11:35
05/08/20
05/08
11:35
05/08/20
11:35
KC

Kingsoft Cloud

$0.00 /

+ (+0.00%)

 
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  • 08
    May
Syndicate
Kingsoft Cloud indicated to open at $19.50, IPO priced at $17.00  11:25
05/08/20
05/08
11:25
05/08/20
11:25
KC

Kingsoft Cloud

$0.00 /

+ (+0.00%)

 
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  • 08
    May
Syndicate
Kingsoft Cloud indicated to open at $19, IPO priced at $17  11:18
05/08/20
05/08
11:18
05/08/20
11:18
KC

Kingsoft Cloud

$0.00 /

+ (+0.00%)

 
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  • 08
    May
Syndicate
Kingsoft Cloud indicated to open at $18.50, IPO priced at $17.00  10:34
05/08/20
05/08
10:34
05/08/20
10:34
KC

Kingsoft Cloud

$0.00 /

+ (+0.00%)

 
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  • 08
    May

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