Scalper1 News
China Internet security company Cheetah Mobile reported better-than-expected Q2 earnings early Tuesday and raised its guidance, sending its stock to a new high. The Beijing-based Cheetah Mobile (CMCM) said that revenue rose 139% year over year to $61.3 million, beating estimates of $55.8 million. It was the eighth quarter in a row of triple-digit gains. It reported earnings per share of 8 cents, above estimates of 4 cents. Cheetah Mobile stock hit Scalper1 News
Scalper1 News