Sprouts Farmers Market closes $600 million revolving credit facility
Cheetah Mobile Inc. (NYSE:CMCM), a leading company in the prepackaged software industry with a market capitalization of $146 million, has disclosed its unaudited consolidated financial results for the fourth quarter and fiscal year 2024. The report was filed with the U.S. Securities and Exchange Commission today, reflecting the company’s performance up to March 26, 2025. The company’s stock has shown remarkable strength, delivering an 81% return over the past year, according to InvestingPro data.
The Beijing-based company, operating under the name 06 Technology, has not publicly released detailed financial figures in this filing. While maintaining impressive gross profit margins of 64%, recent data from InvestingPro indicates the company faces profitability challenges with negative earnings per share. The announcement of their fourth-quarter and fiscal year results is a standard practice for public companies, providing investors with a snapshot of the company’s financial health.
Thomas Jintao Ren, the Chief Financial Officer of Cheetah Mobile, signed off on the report, ensuring that the information provided meets the requirements of the Securities Exchange Act of 1934. The company files annual reports under Form 20-F, which is designated for foreign private issuers in compliance with U.S. SEC regulations.
Cheetah Mobile, formerly known as Kingsoft Internet Software (ETR:SOWGn) Holdings Ltd until its name change on January 22, 2014, is incorporated in E9 and has set its fiscal year-end on December 31. The firm is headquartered in the Chaoyang District of Beijing, where it also maintains its principal executive offices.
Investors and stakeholders looking to understand the company’s financial position and performance will need to review the full financial statements and accompanying notes, which provide a comprehensive overview of Cheetah Mobile’s financial activities and results during the reported periods.
The information disclosed in this report is based on a press release statement and is intended to provide investors with the latest data on Cheetah Mobile’s financial status as required by the SEC. It is essential for readers to note that the financial results are unaudited, and further details would be necessary to gain a complete understanding of the company’s financial situation. For investors seeking comprehensive analysis, InvestingPro offers additional insights with 8 more exclusive tips and detailed financial metrics to better evaluate CMCM’s investment potential.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.