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Qihoo 360 (QIHU) +9.7% following its Q2 report. Though results were only in-line, the Chinese...
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Wednesday, August 22, 2012, 9:18 AM ETQihoo 360 (QIHU) +9.7% following its Q2 report. Though results were only in-line, the Chinese browser, portal, and now search engine developer guided for Q3 revenue of $81M-$83M, above a $78.2M consensus. Traffic stats (the subject of some controversy) were also healthy: Monthly active users of PC products rose 14M Q/Q to 425M, clicks on Qihoo's browser home pages rose by 73M to 368M, and mobile security users reached 120M. Shares are now up 25% on the week. (PR) (transcript)
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