Tag Archives: qihu

Baidu Rival Qihoo 360 Tech Earnings, Outlook Strong

Chinese security software and Internet search giant Qihoo 360 Technology (QIHU) beat Wall Street expectations for Q1 earnings and revenue late Tuesday. Qihoo posted Q1 earnings ex items of 57 cents a share, up nearly 6% year over year. Wall Street had expected a decline to 49 cents amid heavy spending. Sales rose 45% year over year to $384.4 million, slowing for the fourth straight quarter. But Q1 marked the 10th straight quarter of double-digit

Qihoo 360 Growth Coming In Second Half, Analyst Says

Qihoo 360 Technology (QIHU) remains a growth story, but one that will pick up steam later in the year. That’s the assessment of the Internet and search services company from JG Capital analyst Henry Guo, one day after the China Internet company reported Q4 earnings that beat analyst views. Qihoo provides Internet search, online games and mobile security products, competing against Baidu (BIDU) and others. The company also provides search

Qihoo Earnings Top Views On Mobile Gaming Revenue

Qihoo 360 Technology (QIHU) topped fourth-quarter earnings forecasts late Monday as strong mobile gaming revenue growth offset soaring expenses. Helped by a new stock buyback plan, the Chinese search and security firm’s shares rose in after-hours trading. Qihoo earned 75 cents per American depositary receipt (ADR) excluding various items, up 7% vs. a year earlier and 4 cents above Wall Street forecasts. It was the stock’s smallest gain in six