Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) reported its unaudited financial results Monday for the third quarter ended September 30, 2014.
Revenues were $376.4 million, above estimates of $365.35 million and a 100.3 percent increase from $187.9 million in the third quarter of 2013.
Diluted earnings per ADS[2] ("EPADS") was $0.44, compared to $0.35 in the same period last year.
Non-GAAP diluted EPADS was $0.63, above estimates of $0.61 and the $0.47 reported in the same period last year.
Net income attributable to Qihoo 360 was $57.7 million, compared to $44.5 million in the third quarter of 2013.
Non-GAAP net income attributable to Qihoo 360 was $89.5 million, compared to $61.5 million in the third quarter of 2013.
"We are pleased to deliver another quarter of strong growth and solid operational metrics," said Mr. Hongyi Zhou, Chairman and Chief Executive Officer of Qihoo 360. "Not only did we maintain our leadership position in key PC-related product categories during the quarter, but we continued to make a significant transition to the important mobile Internet market.
Qihoo 360 Technology Co. Ltd. traded at $69.23 in the aftermarket, down 0.33 percent.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!