BEIJING, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("we," "Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced that the shareholders of the Company duly adopted all the resolutions proposed by the Company at its extraordinary general meeting of shareholders held in Beijing today, with high approval rate, paving way to Company's proposed listing on Main Board of The Stock Exchange of Hong Kong Limited. Earlier on December 23, 2022, the Company announced the proposed dual primary listing of its ordinary shares, par value US$0.001 per share by way of introduction on the Main Board of The Stock Exchange

BEIJING, April 14, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("we," "Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced the appointment of Ms. Jingyuan Qu as an independent director of its board of directors (the "Board"), effective immediately, based on the recommendations of the nominating and corporate governance committee of the Board. The Board also appointed Ms. Qu as a member of the audit committee, the compensation committee, and the nominating and corporate governance committee, effective immediately. Ms. Qu will replace Mr. Kuiguang Niu who has resigned from his position as a member of the Board and

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

6-K - Kingsoft Cloud Holdings Ltd (0001795589) (Filer)

BEIJING, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "We are pleased to record another strong quarter with advances in revenue expansion, margin improvements and operating cash net inflow. Our high-quality and sustainable development strategy continued to bear fruits. During the past quarter, embracing AI opportunities, we have recorded AI revenue of RMB326 million, approximately 26% of revenues from public

BEIJING, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the second quarter 2024 ended June 30, 2024 before the open of U.S. markets on Tuesday, August 20, 2024. Kingsoft Cloud's management will host an earnings conference call on Tuesday August 20, 2024 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration InformationParticipants can register for the conference call by navigating to https://register.vevent.com/register/BI2ed9e3a7930e4c958cfbd29da2a97c19

BEIJING, May 22, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "We welcome 2024 with an important milestone in our journey of high-quality and sustainable development. Our adjusted EBITDA turned profit, arriving at RMB33.2 million, representing an adjusted EBITDA margin of 1.9%. Our revenue has returned to sequential increase for the past two quarters and our adjusted gross margin has been consecutively increased for se

BEIJING, May 09, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the first quarter 2024 ended March 31, 2024 before the open of U.S. markets on Wednesday, May 22, 2024. Kingsoft Cloud's management will host an earnings conference call on Wednesday May 22, 2024 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration InformationParticipants can register for the conference call by navigating to https://register.vevent.com/register/BI48df2a86950a454eb6c5bce

BEIJING, March 20, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a 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 oppo

BEIJING, March 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 before the open of U.S. markets on Wednesday, March 20, 2024. Kingsoft Cloud's management will host an earnings conference call on Wednesday March 20, 2024 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration InformationParticipants can register for the conference call by navigating to https://register.vevent.com/register/BI01533ed48

BEIJING, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "This quarter, we are excited to see our strategy of embracing AI bearing fruit, as AI business revenue grew rapidly, generating healthy, sustainable margin and securing a strong pipeline. We also remained steadfast in the strategic adjustment of CDN business, as we see revenue contribution from the largest CDN customer further decreasin

BEIJING, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2023 before the open of U.S. markets on Tuesday, November 21, 2023. Kingsoft Cloud's management will host an earnings conference call on Tuesday, November 21, 2023 at 7:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration Information Participants can register for the conference call by navigating to https://register.vevent.com/register/BI7699077da6174c888cfd

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "With our top priority remaining to achieve high-quality and sustainable development, we keep our focus on selected verticals and invest in core technologies to build our competencies and improve our efficiencies. Our execution of these strategies is well reflected in the sustained robust growth momentum of our gross profit and Non-GAAP EBITDA in the second

BEIJING, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2023 and its unaudited interim results for the six months ended June 30, 2023 before the open of U.S. markets on Tuesday, August 22, 2023. Kingsoft Cloud's management will host an earnings conference call on Tuesday, August 22, 2023 at 8:15 am, U.S. Eastern Time (or 8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration Information Participants can register for the conference call by navigating

BEIJING, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "We are pleased to record another strong quarter with advances in revenue expansion, margin improvements and operating cash net inflow. Our high-quality and sustainable development strategy continued to bear fruits. During the past quarter, embracing AI opportunities, we have recorded AI revenue of RMB326 million, approximately 26% of revenues from public

BEIJING, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the second quarter 2024 ended June 30, 2024 before the open of U.S. markets on Tuesday, August 20, 2024. Kingsoft Cloud's management will host an earnings conference call on Tuesday August 20, 2024 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration InformationParticipants can register for the conference call by navigating to https://register.vevent.com/register/BI2ed9e3a7930e4c958cfbd29da2a97c19

BEIJING, May 22, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "We welcome 2024 with an important milestone in our journey of high-quality and sustainable development. Our adjusted EBITDA turned profit, arriving at RMB33.2 million, representing an adjusted EBITDA margin of 1.9%. Our revenue has returned to sequential increase for the past two quarters and our adjusted gross margin has been consecutively increased for se

BEIJING, May 09, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the first quarter 2024 ended March 31, 2024 before the open of U.S. markets on Wednesday, May 22, 2024. Kingsoft Cloud's management will host an earnings conference call on Wednesday May 22, 2024 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration InformationParticipants can register for the conference call by navigating to https://register.vevent.com/register/BI48df2a86950a454eb6c5bce

BEIJING, April 30, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("we," "Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission ("SEC") on April 30, 2024. The annual report can be accessed on the Company's investor relations website at http://ir.ksyun.com as well as the SEC's website at http://www.sec.gov. The Company will provide hard copies of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

BEIJING, March 20, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a 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 oppo

BEIJING, March 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ:KC) ("Kingsoft Cloud" or the "Company"), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 before the open of U.S. markets on Wednesday, March 20, 2024. Kingsoft Cloud's management will host an earnings conference call on Wednesday March 20, 2024 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration InformationParticipants can register for the conference call by navigating to https://register.vevent.com/register/BI01533ed48

BEIJING, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("we," "Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced that each of the proposed resolutions submitted for shareholders' approval as set forth in the notice of extraordinary general meeting dated January 12, 2024 have been adopted at the meeting held in Beijing, China today. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminol

BEIJING, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("we," "Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced that it will hold an extraordinary general meeting of the Company's shareholders (the "EGM") at 10:00 a.m., Hong Kong time on February 8, 2024 at Chongxian Hall, 2nd Floor, Conference Building, Taishan Hotel, No. 8 Anning Beili, Xisanqi, Haidian District, Beijing, PRC for the purposes of considering and, if thought fit, passing with or without amendments, each of the proposed resolutions as set forth in the notice of the EGM (the "EGM Notice"). The EGM Notice, a circular in relation to the EG

BEIJING, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ:KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "This quarter, we are excited to see our strategy of embracing AI bearing fruit, as AI business revenue grew rapidly, generating healthy, sustainable margin and securing a strong pipeline. We also remained steadfast in the strategic adjustment of CDN business, as we see revenue contribution from the largest CDN customer further decreasin

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Gainers Focus Universal (NASDAQ:FCUV) shares moved upwards by 6.8% to $0.26 during Monday's after-market session. The company's market cap stands at $16.8 million. Karooooo (NASDAQ:KARO) shares increased by 3.96% to $30.41. The company's market cap stands at $939.6 million. CommScope Hldg Co (NASDAQ:COMM) stock moved upwards by 3.38% to $1.22. The market value of their outstanding shares is at $258.9 million. XIAO-I (NASDAQ:AIXI) shares moved upwards by 3.0% to $0.75. The market value of their outstanding shares is at $54.9 million. Kingsoft Cloud Hldgs (NASDAQ:KC) stock rose 2.76% to $2.9. The market value of their outstanding shares is at $688.1 million. SMX (Security Matters) (NASDA

Kingsoft Cloud Holdings Ltd (NASDAQ:KC) reported a fiscal first-quarter 2024 revenue of 1.78 billion Chinese yuan ($245.9 million), down by 4.8% year-on-year, missing the analyst consensus estimate of $248.3 million.  The decrease was in line with its expectation along with its scaling down of content delivery network (CDN) services, and more stringent project selection of enterprise cloud projects. Adjusted loss per ADS was $0.12, beating the analyst consensus estimate of $0.14 loss.  Revenues from public cloud services increased by 2.9% Y/Y to $164.4 million mainly due to the growth of AI demands. Revenues from enterprise cloud services were $81.5 million, a decrease of 17.2% Y

Kingsoft Cloud Holdings (NASDAQ:KC) reported quarterly sales of $245.93 million which missed the analyst consensus estimate of $248.31 million by 0.96 percent. This is a 9.41 percent decrease over sales of $271.48 million the same period last year.

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 20 points on Tuesday. Shares of TeraWulf Inc. (NASDAQ:WULF) fell sharply in today's pre-market trading after the company reported downbeat results for its first quarter on Monday. The Bitcoin mining company reported quarterly losses of 3 cents per share which missed the analyst consensus estimate of earnings of 4 cents per share. Quarterly revenue came in at $42.433 million, missing the analyst consensus estimate of $51.092 million, according to data from Benzinga Pro. TeraWulf shares tumbled 9.3% to $2.03 in pre-market trading. Here are some big stocks recording losses in today's pre-market

Gainers Focus Universal (NASDAQ:FCUV) stock increased by 36.0% to $0.38 during Friday's regular session. The market value of their outstanding shares is at $24.9 million. Infobird Co (NASDAQ:IFBD) shares increased by 28.45% to $4.74. The market value of their outstanding shares is at $6.3 million. Maxeon Solar Technologies (NASDAQ:MAXN) stock rose 19.38% to $2.12. The market value of their outstanding shares is at $112.1 million. Rubicon Technologies (NYSE:RBT) stock rose 12.59% to $0.44. The company's market cap stands at $23.1 million. Kingsoft Cloud Hldgs (NASDAQ:KC) stock rose 12.47% to $3.23. The market value of their outstanding shares is at $818.9 million. Mobix Labs (NASDAQ:MOB

Gainers Porch Group (NASDAQ:PRCH) stock moved upwards by 5.5% to $4.75 during Thursday's after-market session. The company's market cap stands at $463.5 million. Thoughtworks Holding (NASDAQ:TWKS) stock increased by 5.08% to $2.48. The market value of their outstanding shares is at $800.3 million. Presto Automation (NASDAQ:PRST) stock moved upwards by 4.95% to $0.19. The market value of their outstanding shares is at $18.1 million. Maxeon Solar Technologies (NASDAQ:MAXN) shares increased by 4.89% to $3.0. The market value of their outstanding shares is at $158.3 million. Kingsoft Cloud Hldgs (NASDAQ:KC) stock increased by 4.75% to $3.23. The company's market cap stands at $754.6 million

Jefferies analyst Thomas Chong maintains Kingsoft Cloud Hldgs (NASDAQ:KC) with a Buy and raises the price target from $3.4 to $3.8.