SMS: Qihoo 3,601 Quarterly net profit revenue is exceeding expectations

Beijing time May 28 Morning News, Qihoo 360 (Nyse:qihu) released today, as of March 31, the first quarter of the fiscal year 2014 without the audit results. The report showed that Qihoo 360 's first-quarter revenue was $265.1 million, a 141.3% increase from 109.9 million dollars in the same period last year, and a net profit of 49.1 million dollars, up 5.6 million from the same period last year.

According to Yahoo's financial data, 12 of Wall Street analysts on average expect to be out of $0.34 trillion on U.S. depository receipts per share of Qihoo 360 in the first quarter of NON-GAAP, not according to the US General accounting standards. Earnings showed that Qihoo 360 in the first quarter of each ads diluted earnings of 0.54 U.S. dollars, far more than analysts expected.

In addition, 13 Wall Street analysts on average expect Qihoo 360 to be 228.2 million dollars in the first quarter. The earnings show that Qihoo 360 's first-quarter revenue was 2.651 U.S. dollars, exceeding analysts ' expectations.