Cheetah Mobile Inc. (NYSE:CMCM) provider of global content distribution channels, is reporting second quarter earnings results on Tuesday 18th August 2020, before market open.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 48.00 million ~ $ 55.00 million
Click Here For More Historical Outlooks Of Cheetah Mobile Inc.
Previous Quarter Performance
Cheetah Mobile Inc. came out with loss for the first quarter of $ 0.10 per share, from the revenue of $ 74.58 million. The quarterly earnings while revenues shrunk 51.42 percent compared with the same quarter last year.
The consensus estimates are $ 192.60 million in revenue The bottom line results street analysts by $ 0.84 or , at the same time, top line results fell short of analysts by $ 118.02 million or 61.28 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Cheetah Mobile Inc.
Stock Performance
The company has a market capital of $ 317.87 million and is part of the Technology sector and Software – Application industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”CMCM” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Stock Dividend Announcement
On May 20, 2020, the board of directors authorized special dividend of $ 1.44 per share to holders of record as of the close of business on June 23, 2020, with payment date of July 9, 2020 and ex-dividend date on June 22, 2020.
Conference Call
Cheetah Mobile Inc. will be hosting a conference call at 8:00 AM eastern time on 18th August 2020, to discuss its 2Q20 financial results with the investment community. 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.
