Qihoo Up As Q2 Tops; Can It Stay A China Tech Stock?

By | September 2, 2015

Scalper1 News

Qihoo 360 Technology (QIHU) stock rose Wednesday after Q2 earnings late Tuesday beat Wall Street estimates, with the Chinese security-software and Web-search firm riding a surge in online advertising revenue growth. The company posted Q2 EPS ex items of 82 cents per share, a dime above the 72 cents that analysts polled by Thomson Reuters had expected and a 64% year-over-year rise. Qihoo sales landed in range, with the company reporting revenue of Scalper1 News

Scalper1 News