In Tuesday, Qihoo 360 rose 0.90 dollars in conventional Nasdaq trading, at $89.98, or 1.01%. In subsequent trading, Qihoo 360 rose 6% again. In the past 52 weeks, the highest price for state digital was $124.42, with a minimum price of $40.05.
Qihoo 360 today released its unaudited financial results for the first quarter of fiscal year 2014 as at March 31. 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.
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