06.03.2014 23:16:08

Qihoo 360 Technology Q4 Profit Up - Quick Facts

(RTTNews) - Qihoo 360 Technology Co. Ltd. (QIHU) Thursday reported fourth-quarter profit of $16.6 million or $0.13 per share, up from $12.8 million or $0.10 per share in the same period last year.

Adjusted earnings for the quarter were $96.3 million or $0.70 per share. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.43 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues jumped 115.3 percent to $221.6 million from $103.0 million last year. Analysts expected revenues of $209.73 million.

Looking ahead to the first quarter, the company expects revenues to range between $226 million and $228 million. Analysts expected first-quarter revenues of $203.0 million.

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