Cheetah Mobile (NYSE:CMCM) Releases Q2 2021 Earnings Guidance

Cheetah Mobile (NYSE:CMCM) updated its second quarter 2021 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $26.70 million-34.30 million.

Separately, TheStreet upgraded shares of Cheetah Mobile from a d+ rating to a c- rating in a research note on Wednesday, May 26th.

Shares of CMCM opened at $2.76 on Friday. Cheetah Mobile has a twelve month low of $1.64 and a twelve month high of $5.00. The company has a market capitalization of $397.32 million, a P/E ratio of 6.42 and a beta of 1.27. The firm’s 50 day moving average price is $2.23.

Cheetah Mobile (NYSE:CMCM) last announced its quarterly earnings results on Tuesday, March 23rd. The software maker reported $0.07 earnings per share (EPS) for the quarter. Cheetah Mobile had a return on equity of 10.37% and a net margin of 27.16%. The firm had revenue of $41.57 million for the quarter.

About Cheetah Mobile

Cheetah Mobile Inc operates as an internet company in the People's Republic of China, the United States, and internationally. The company's 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; and Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications.

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