QIHU should be up today no matter how much the market goes down# Stock
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Second Quarter 2011 Highlights(1)
Revenues hit a record $35.1 million, an increase of 176.6% from $12.7
million in the second quarter of 2010.
Net income attributable to Qihoo 360 was a record at $11.1 million, an
increase of 411.5% from $2.2 million in the second quarter of 2010.
Net income attributable to Qihoo 360 excluding share-based compensation ("
non-GAAP")(1) was $13.2 million, an increase of 328.4% from $3.1 million in
the second quarter of 2010.
Diluted earnings per ADS(2) (EPADS) attributed to Qihoo 360 were $0.09.
Diluted EPADS attributed to Qihoo 360 excluding share-based compensation (
non-GAAP)(1) was $0.11.
Monthly active users of Qihoo 360's products and services reached 378
million as of June 2011, an increase of 10% from 345 million at the end of
March 2011(3).
Qihoo 360's products and services' user penetration rate among all Chinese
internet users reached 92% as of June 2011, the highest level in the Company
's history(3).
360 Safe Browser's user penetration reached a record 52% as of June 2011,
compared with 48% at the end of March 2011(3)
Revenues hit a record $35.1 million, an increase of 176.6% from $12.7
million in the second quarter of 2010.
Net income attributable to Qihoo 360 was a record at $11.1 million, an
increase of 411.5% from $2.2 million in the second quarter of 2010.
Net income attributable to Qihoo 360 excluding share-based compensation ("
non-GAAP")(1) was $13.2 million, an increase of 328.4% from $3.1 million in
the second quarter of 2010.
Diluted earnings per ADS(2) (EPADS) attributed to Qihoo 360 were $0.09.
Diluted EPADS attributed to Qihoo 360 excluding share-based compensation (
non-GAAP)(1) was $0.11.
Monthly active users of Qihoo 360's products and services reached 378
million as of June 2011, an increase of 10% from 345 million at the end of
March 2011(3).
Qihoo 360's products and services' user penetration rate among all Chinese
internet users reached 92% as of June 2011, the highest level in the Company
's history(3).
360 Safe Browser's user penetration reached a record 52% as of June 2011,
compared with 48% at the end of March 2011(3)
