Qihoo 360 (QIHU) gains 5.2% AH after reporting Q3 revenue $47.5M (+207% Y/Y) and EPS of $0.15,...

|By:, SA News Editor

Qihoo 360 (QIHU) gains 5.2% AH after reporting Q3 revenue $47.5M (+207% Y/Y) and EPS of $0.15, blowing past Street estimates by $5.4M and $0.05. Online ad sales, which are tied to the distribution of Qihoo's browser, rose 227% Y/Y to $35.1M. The company is guiding for Q4 revenue of $55M-$56M, well above a consensus of $46.5M. Qihoo was recently the target of a bearish Citron Research report.