Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]
Kingsoft Cloud Holdings Limited - American Depositary Shares (KC)
Company Research
Source: Yahoo! Finance
leading independent cloud service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, “In 2023, we continued to uphold the principle of high-quality and sustainable development and have accomplished significant achievements. During the year, we continued to optimize our business mix, and have exhibited remarkable agility in embracing the advent of the AIGC era. We increasingly tapped into the structural and tangible opportunities of AI related cloud computing demands within the Xiaomi and Kingsoft ecosystem, while partnering with well-known independent AI unicorns in long-term strategic cooperation, altogether contributing approximately 8% of revenues from public cloud services in the fourth quarter 2023. In terms of technology, we founded our AI research center, and have launched our Model as a Services (MaaS) mutual trust dedicated zone
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News
- Kingsoft Cloud Holdings Limited (NASDAQ: KC) had its price target raised by analysts at Jefferies Financial Group Inc. from $3.40 to $3.80. They now have a "buy" rating on the stock.MarketBeat
- Kingsoft Cloud Holdings Limited (NASDAQ:KC) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Kingsoft Cloud Holdings Limited (NASDAQ: KC) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $5.00 price target on the stock.MarketBeat
- Kingsoft Cloud Holdings Limited (NASDAQ: KC) was upgraded by analysts at CLSA from an "underperform" rating to an "outperform" rating. They now have a $4.40 price target on the stock.MarketBeat
- Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial ResultsGlobeNewswire
KC
Earnings
- 3/20/24 - Beat
KC
Sec Filings
- 4/8/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/21/24 - Form 144
- KC's page on the SEC website