=Cheetah Mobile (CMCM) reported earnings on Mon 19 March 18 (b/o)

Cheetah Mobile misses by $0.27, beats on revs; guides Q1 revs above two analyst estimate 

• Reports Q4 (Dec) earnings of RMB 1.12 per share, RMB 0.27 worse than the Capital IQ Consensus of RMB 1.39; revenues rose 8.9% year/year to RMB 1.39 bln vs the RMB 1.28 bln Capital IQ Consensus.
• The average number of global mobile monthly active users was 552 million in the fourth quarter of 2017. The number of Mobile MAUs from markets outside of China, or overseas markets, accounted for 75.4% of the total number of Mobile MAUs in the fourth quarter of 2017.
• Adjusted EBITDA increased by 43.6% year over year to RMB656.5 million (US$100.9 million) in 2017.
• Co issues upside guidancefor Q1, sees Q1 revs of RMB 1.1-1.14 bln vs. RMB 1.09 bln two analyst estimate.