Cheetah Mobile Inc. (NYSE:CMCM) Q3 2024 Earnings Conference Call December 17, 2024 6:00 AM ET
Company Participants
Helen Jing Zhu – Investor Relations
Sheng Fu – Chairman and Chief Executive Officer
Thomas Ren – Director and Chief Financial Officer
Conference Call Participants
Operator
Good day and welcome to the Cheetah Mobile Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note today’s event is being recorded.
I would now like to turn the conference over to Helen Jing Zhu, IR for Cheetah Mobile. Please go ahead.
Helen Jing Zhu
Thank you, operator. Welcome to Cheetah Mobile’s Third Quarter 2024 Earnings Conference Call. With us today are our company’s Chairman and CEO, Mr. Fu Sheng; and our Director and CFO, Mr. Thomas Ren.
Following management’s prepared remarks, we will conduct a Q&A section. Please note that the CEO script will be presented by an AI agent. Before we begin, I refer you to the Safe Harbor statement in our earnings release, which also applies to our earnings conference call today as we will make forward-looking statements.
At this time, I will now turn the call over to our CEO, Mr. Fu Sheng. Please go ahead, Fu Sheng.
Sheng Fu
Hello, everyone. Thank you for joining us today. Cheetah Mobile once again achieved accelerated revenue growth in Q3, driven by our service robotics and Internet businesses. This consistent growth results from our strategies to expand the use cases of our wheeled service robotics and expand into overseas markets as well as the resilience of our legacy Internet business.
Industry demand for service robots continues to rise, especially in the overseas markets and in restaurants, hotels, factories and offices. Business owners are using robots more often to
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