Up yesterday after delivering its Q1 report, Chinese browser developer Qihoo 360 (QIHU -7.5%) is...
Up yesterday after delivering its Q1 report, Chinese browser developer Qihoo 360 (QIHU -7.5%) is now selling off. Though results beat estimates and the company's guidance for Q2 revenue of $72M-$73M is above a $67.3M consensus, investors might be worried about Qihoo's decision to name finance VP Jue Yao the company's co-CFO, alongside existing CFO Alex Xu. Qihoo has been hit by allegations of accounting misdeeds from Citron Research and others.
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From other sites
Qihoo 360 Technology : Xueda Education Group : Announces Updates on its Joint-Venture with Qihoo 360at 4-traders.com (Mar 25, 2015)
at MarketRealist.com (Mar 24, 2015)
at Zacks.com (Mar 11, 2015)
at Zacks.com (Mar 2, 2015)
at Nasdaq.com (Feb 24, 2015)
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