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Kingsoft Cloud Holdings Limited went public in early 2020, raising approximately $510 million in a U.S. IPO. The firm provides a range of IT infrastructure software and services to companies in China.
Recent developments in the company's home country and an analyst's price target bump fueled the rally.
Continued hopes for a reopening lifted the sector.
Kingsoft Cloud Holdings Limited (NASDAQ:KC ) Q3 2022 Earnings Conference Call November 23, 2022 7:00 AM ET Company Participants Nicole Shan - IR Manager Tao Zou - Vice Chairman & CEO Haijian He - CFO Conference Call Participants Thomas Chong - Jefferies Xiaodan Zhang - CICC Joel Ying - Nomura Timothy Zhao - Goldman Sachs Operator Thank you for standing by, and welcome to the Kingsoft Cloud Holdings Third Quarter 2022 Earnings Conference Call. All participants are in a listen-only mode.
BEIJING, Nov. 10, 2022 (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, 2022 before the open of U.S. markets on Wednesday, November 23, 2022.
Enterprise spending is slowing in the second-largest cloud market.
BEIJING, Aug. 19, 2022 (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, 2022 before the open of U.S. markets on Tuesday, September 6, 2022.
Kingsoft Cloud is a leading cloud service provider in China, and the country's biggest cloud-only player. China's market for cloud infrastructure is expected to reach approximately $85 billion by 2026—implying a 5-year CAGR of 25%.
The Chinese cloud services provider got a boost after reporting earnings results.
Kingsoft Cloud Holdings Limited (NASDAQ:KC ) Q1 2022 Earnings Conference Call June 8, 2022 8:00 AM ET Company Participants Nicole Shan - Investor Relations Manager Yulin Wang - Chief Executive Officer Haijian He - Chief Financial Officer Conference Call Participants Thomas Chong - Jefferies Sophie Chang - CICC Kyna Wong - Credit Suisse Joel Ying - Nomura Alex Yao - JP Morgan Thompson Wu - UBS Timothy Chow - Goldman Sachs Operator Good day and thank you for standing by. Welcome to Kingsoft Cloud's First Quarter 2022 Earnings Conference Call.