Cheetah Mobile Announces Fourth Quarter and Full Year 2018 Unaudited Consolidated Financial Results
(WorldNews China)

BEIJING, March 25, 2019/PRNewswire / -- Cheetah Mobile Inc. (NYSE: CMCM) (`Cheetah Mobile` or the `Company`), a leading mobile internet company with global market coverage, today announced its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2018. Fourth Quarter 2018 Financial Highlights Total revenues[1] increased by 1.8% year over year and 2.2% quarter over quarter to RMB1,381.2 million(US$200.9 million). Revenues[1] from the mobile entertainment business increased by 39.4% year over year and 11.6% quarter over quarter to RMB555.6 million(US$80.8 million), accounting for 40.2% of total revenues in the fourth quarter of 2018. Gross profit was...