News Column

Qihoo 360 Q1 Net Up 777%

May 28, 2014

BEIJING, May 28, SinoCast -- Qihoo 360 Technology Co., Ltd (NYSE: QIHU) revealed operating revenue of USD 261.5 million in the first quarter of 2014 ended March 31, jumping 141.3% from USD 109.8 million a year earlier. Net profit reached USD 49.1 million, expanding 776.8% from USD 5.6 million a year ago.

In March, monthly active users for PC end made a record high to 479 million, in contrast to 457 million a year earlier. Penetration rate for PC end hit 93.3%, in contrast to 95.8% a year ago. Penetration rate for 360 browser is 66.1%, in contrast to 69.6% a year earlier.

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Source: Sinocast Internet, Media & Online Services Beat (China)

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