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Stock impact report

Cheetah Mobile Announces Second Quarter 2024 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, Sept. 13, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the second quarter ended June 30, 2024.Management CommentaryMr. Sheng Fu, Cheetah Mobile's Chairman and Chief Executive Officer, remarked, "In Q2, Cheetah Mobile achieved solid revenue growth of 12.3% year-over-year, with AI and others contributing around 40% of total revenue. Our service robotics business, both domestically and internationally, continues to drive growth. Customers choose us for our superior product experience, after-sales services, and strong AI capabilities, including far field speech recognition. With a team that brings extensive experience from the PC and mobile eras, we are investing in developing the best products to capture opportunities in the service robotics and LLMs markets. We remain focused on expanding our robotics use cases, advancing product innovation wi Show less Read more
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