Cheetah Mobile First Quarter 2024 Earnings: CN¥2.68 loss per share (vs CN¥0.64 loss in 1Q 2023)

In This Article:

Cheetah Mobile (NYSE:CMCM) First Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥190.3m (up 12% from 1Q 2023).

  • Net loss: CN¥80.0m (loss widened by 330% from 1Q 2023).

  • CN¥2.68 loss per share (further deteriorated from CN¥0.64 loss in 1Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cheetah Mobile shares are down 6.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Cheetah Mobile (2 don't sit too well with us!) that you should be aware of.

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