Qihoo 360 Technology (QIHU) Tops Q4 EPS by 3c; Guides Q1 Revs Slightly Above the Street

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Qihoo 360 Reports Fourth Quarter and Fiscal Year 2014 Unaudited Financial Results

March 9, 2015 6:00 PM EDT

BEIJING, March 9, 2015 /PRNewswire/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a leading Internet company in China, today reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2014.

Fourth Quarter Financial Highlights[1]

Revenues were $431.2 million, a 94.6% increase from $221.6 million in the fourth quarter of 2013. Net income attributable to Qihoo 360 was $76.8 million, compared to $16.6 million in the fourth quarter of 2013. Non-GAAP net income attributable to Qihoo 360[1] was $109.4 million, compared to $96.3 million in the fourth quarter of 2013.... More