Qihoo 360 Reports First Quarter 2015 Unaudited Financial Results

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Qihoo 360 Technology (QIHU) Tops Q1 EPS by 8c; Issues Solid Q2 Revs Outlook

May 19, 2015 6:14 PM EDT

Qihoo 360 Technology (NYSE: QIHU) reported Q1 EPS of $0.57, $0.08 better than the analyst estimate of $0.49. Revenue for the quarter came in at $384.4 million versus the consensus estimate of $378.12 million.

Qihoo 360 Technology sees Q2 2015 revenue of $435-445 million, versus the consensus of $437.23 million.

"We are pleased to report another quarter of solid growth and operating metrics," said Mr. Hongyi Zhou, Chairman and Chief Executive Officer of Qihoo 360. "While we maintained our leadership position in key PC-related product categories, we continued to make progress in... More