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Stock impact report

Cheetah Mobile Announces Fourth Quarter 2019 and Full Year 2019 Unaudited Consolidated Financial Results

Cheetah Mobile Inc. American Depositary Shares, each representing fifty (50) Class A Ordinary Shares (CMCM) 
Last cheetah mobile inc. american depositary shares, each representing fifty (50) class a ordinary shares earnings: 8/22 05:50 am Check Earnings Report
US:NYSE Investor Relations: ir.cmcm.com
Company Research Source: PR Newswire
BEIJING, March 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 fourth quarter and full year ended December 31, 2019. Management CommentaryMr. Sheng Fu, Cheetah Mobile's Chairman and Chief Executive Officer, stated, "We are currently facing some difficulties in our legacy mobile internet business. However, these challenges are not causing any damage to our company at the systemic level. Over the past years, we have built an unyielding and relentless team while amassing a strong balance sheet. Importantly, the recent outbreak of COVID-19 has increased customer demand for our robotics products and solutions, while robotics business will not generate significant revenues in the near term. Going forward, we are confident in our ability to rejuvenate growth in our business by capturing those opportunities emerging Show less Read more
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