Sogou Inc. (SOGO) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q Revenue Guidance Below Consensus
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Sogou Announces First Quarter 2020 Results
May 18, 2020 2:00 AM EDTBEIJING, May 18, 2020 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet industry, today announced its unaudited financial results for the first quarter, ended March 31, 2020.
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... More