Qihoo 360 Technology (QIHU) Tops Q2 EPS by 10c

Qihoo 360 Technology (NYSE: QIHU) reported Q2 EPS of $0.82, $0.10 better than the analyst estimate of $0.72. Revenue for the quarter came in at $438.3 million versus the consensus estimate of $438.51 million.

Second Quarter Operating Metrics

• Total monthly active users of Qihoo 360's PC-based products and services reached 514 million in June 2015, compared to 496 million in June 2014[3].
• User penetration of Qihoo 360's PC-based products was 96.6% in June 2015, compared to 93.9% in June 2014[3].
• Total smartphone users of Qihoo 360's primary mobile security product[4] reached a record 799 million in June 2015, compared to 641 million in June 2014[5].
• The number of monthly active users of Qihoo 360's PC browsers was 388 million and user penetration was 73.0% in June 2015, compared to 345 million and 65.2% in June 2014[3], respectively.
• The number of average daily unique visitors to the 360 Personal Start-up Page and its sub-pages was 131 million in the second quarter of 2015, compared to 128 million in the second quarter of 2014[5].
• Average daily clicks on Qihoo 360's Personal Start-up Page and its sub-pages was approximately 677 million in the second quarter of 2015, compared to 749 million in the second quarter of 2014[5].

For earnings history and earnings-related data on Qihoo 360 Technology (QIHU) click here.

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