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

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Qihoo 360 Reports First Quarter 2015 Unaudited Financial Results

May 19, 2015 6:00 PM EDT

BEIJING, May 19, 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 first quarter ended March 31, 2015.

First Quarter Financial Highlights[1]

Revenues were $384.4 million, a 45% increase from $265.1 million in the first quarter of 2014. Net income attributable to Qihoo 360 was $53.0 million, compared to $49.1 million in the first quarter of 2014. Non-GAAP net income attributable to Qihoo 360[1] was $81.9 million, compared to $73.3 million in the first quarter of 2014. Diluted earnings per... More