Investing.com - Cheetah Mobile (NYSE:CMCM) Inc reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Cheetah Mobile Inc announced earnings per share of 1.82 on revenue of 365.1M. Analysts polled by Investing.com anticipated EPS of 0.5956 on revenue of 1.39B.
Cheetah Mobile Inc shares are down 43.8% from the beginning of the year, still down 51.89% from its 52 week high of 4.24 set on January 16. They are under-performing the EUR/USD which is down 0% from the start of the year.
Cheetah Mobile Inc follows other major Technology sector earnings this month
Cheetah Mobile Inc's report follows an earnings beat by Apple on October 29, who reported EPS of 0.73 on revenue of 64.7B, compared to forecasts EPS of 0.7099 on revenue of 63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of 1.82 on revenue of 37.15B, compared to forecast for EPS of 1.54 on revenue of 35.76B.
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