Cheetah Mobile Inc. (NYSE:CMCM) provider of global content distribution channels, is expected to report third quarter earnings results, before market open, on Tuesday 24th November 2020.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 43.90 million ~ $ 51.00 million
Click Here For More Historical Outlooks Of Cheetah Mobile Inc.
Previous Quarter Performance
Cheetah Mobile Inc. posted income for the second quarter of $ 0.25 per share, from the revenue of $ 55.80 million. Street analysts expected $ 75.75 million. The top line results fell short of analysts by $ 19.95 million or 26.34 percent.
Stock Performance
Shares of Cheetah Mobile Inc. traded up $ 0.10 or 5.15 percent on Monday, reaching $ 2.04 with volume of 682.50 thousand shares. Cheetah Mobile Inc. has traded high as $ 2.06 and has cracked $ 1.95 on the downward trend
According to the previous trading day, closing price of $ 2.04, representing a 18.29 % increase from the 52 week low of $ 1.64 and a 54.25 % decrease over the 52 week high of $ 4.24.
The company has a market capital of $ 284.19 million and is part of the Technology sector and Software – Application industry.
Conference Call
Cheetah Mobile Inc. will be hosting a conference call at 7:00 AM eastern time on 24th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1-888-346-8982 (United States) or +1-412-902-4272 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.cmcm.com
Cheetah Mobile Inc. operates as a mobile Internet company worldwide. The companys utility products include Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; Security Master, an anti-virus and security application for mobile devices; Battery Doctor, a power optimization tool for mobile devices; Cheetah Browser, a Web browser for PCs and mobile devices; CM Browser, a mobile browser to protect users from malicious threats; and CM Launcher, which provides personalized experience in using smart phones.
