Sogou Announces First Quarter 2020 Results
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Sogou Inc. (SOGO) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q Revenue Guidance Below Consensus
May 18, 2020 6:20 AM EDTSogou Inc. (NYSE: SOGO) reported Q1 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $257.3 million versus the consensus estimate of $243.61 million.
First Quarter 2020 Highlights
Total revenues[1] were $257.3 million, a 2% increase year-over-year, or a 5% increase in RMB terms.Net loss attributable to Sogou Inc. was $31.6 million. Non-GAAP[2] net loss attributable to Sogou Inc. was $31.1 million.Sogou Mobile Keyboard had 482 million DAUs (daily average users), up 9% year-over-year. As China's largest voice recognition app, it processed up to 1.4 billion daily voice requests."We started 2020 with smooth... More
