Cheetah Mobile (NYSE:CMCM) Announces Quarterly Earnings Results

Cheetah Mobile (NYSE:CMCMGet Free Report) issued its earnings results on Friday. The software maker reported ($0.36) earnings per share for the quarter, reports. The company had revenue of $26.35 million for the quarter.

Cheetah Mobile Stock Performance

Shares of NYSE CMCM opened at $5.60 on Friday. The firm’s 50-day moving average price is $4.50 and its 200-day moving average price is $3.04. Cheetah Mobile has a 12-month low of $1.64 and a 12-month high of $6.78.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Cheetah Mobile in a report on Monday, June 3rd. They set a “hold” rating for the company.

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Cheetah Mobile Company Profile

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Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.

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Earnings History for Cheetah Mobile (NYSE:CMCM)

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