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Kingsoft Corp (KSFTF)
:KSFTF
Earnings Data
Report Date
May 27, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.21Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 19, 2025
|% Change Since: -9.04%
|Next Earnings Date:May 27, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong overall performance with record revenue and profit growth, driven by significant gains in the gaming and office software sectors. However, increased R&D expenses and notable losses from affiliates and other sources were concerning.Company Guidance
In the recent earnings call for Kingsoft Corporation's third quarter of 2024, the company reported significant financial growth, with total revenue reaching RMB2.915 billion, marking a 42% increase year-on-year and an 18% increase quarter-on-quarter. Operating profit soared to RMB1.14 billion, reflecting a 204% year-on-year increase and a 44% quarter-on-quarter rise. Kingsoft Office Group contributed RMB1.207 billion in revenue, experiencing a 10% year-on-year and a 2% quarter-on-quarter increase, while the gaming and other business segments generated RMB1.708 billion, showcasing a 78% year-on-year growth and a 33% quarter-on-quarter increase. The company's domestic individual office subscription business saw a revenue rise of 17.2% year-on-year, driven by AI features, with the WPS AI 2.0 release enhancing user engagement. The strategic focus on AI and expansion into international markets were highlighted, with Kingsoft aiming for sustained growth and innovation in both its office software and gaming sectors.Record Revenue Growth
Total revenue reached RMB2.915 billion, marking year-on-year and quarter-on-quarter increases of 42% and 18%, respectively. Operating profit hit a record high of RMB1.14 billion, a 204% increase year-on-year and a 44% increase quarter-on-quarter.
Strong Performance in Gaming Segment
Gaming and other business generated RMB1.708 billion in revenue, a 78% year-on-year increase and a 33% quarter-on-quarter increase. JX3 Ultimate reached 11.46 million monthly active users in its first open beta month.
Expansion of Office Software Business
Kingsoft Office Group contributed RMB1.207 billion in revenue, up 10% year-on-year and 2% quarter-on-quarter. Domestic individual office subscription revenue increased by 17.2% year-on-year.
Increased User Base
Monthly active users reached 618 million, a 4.9% year-on-year growth, including 277 million PC users (up 7%) and 338 million mobile users (up 3.4%).
Successful AI Integration
AI features, such as WPS AI 2.0, boosted user engagement and conversion rates, contributing significantly to revenue growth.
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KSFTF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KSFTF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 19, 2025 | $5.42 | $5.45 | +0.55% |
| Nov 19, 2024 | $3.70 | $3.75 | +1.35% |
| Aug 20, 2024 | $2.69 | $2.64 | -1.86% |
| May 22, 2024 | $3.32 | $3.28 | -1.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kingsoft Corp (KSFTF) report earnings?
Kingsoft Corp (KSFTF) is schdueled to report earning on May 27, 2025, TBA Not Confirmed.
What is Kingsoft Corp (KSFTF) earnings time?
Kingsoft Corp (KSFTF) earnings time is at May 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KSFTF EPS forecast?
KSFTF EPS forecast for the fiscal quarter 2025 (Q1) is 0.04.
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