Benzinga
Cheetah Mobile Inc (NYSE: CMCM) reported second-half FY22 revenue growth of 40.7% year-on-year to RMB527.0 million ($76.4 million). Revenues from the company's internet business increased by 41.6% Y/Y to RMB421.9 million ($61.2 million). Revenues from the AI and others were RMB105.1 million ($15.2 million), up by 37.5% Y/Y. Non-GAAP gross margin was 75.5%, up from 60.7% a year ago, as the profit increased by 75.2% Y/Y. Non-GAAP operating loss was RMB(95.6) million ($(13.9) million) in the second