Recap: Sogou Q1 Earnings

Shares of Sogou SOGO moved higher by 1.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 700.00% over the past year to ($0.08), which were in line with the estimate of ($0.08).

Revenue of $257,284,000 higher by 1.81% year over year, which beat the estimate of $243,610,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Q2 revenue expected to be between $260,000,000 and $280,000,000.

How To Listen To The Conference Call

Date: May 18, 2020

Time: 06:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/sogo/mediaframe/37816/indexr.html

Price Action

52-week high: $5.80

Company's 52-week low was at $3.00

Price action over last quarter: down 11.22%

Company Description

Sogou Inc is an internet company in China which owns search engine called Sogou Search. It is engaged in developing Sogou Input Method, which is a Chinese language input software by both mobile and PC MAUs. Sogou Input Method is a cloud-based Chinese language input software which captures Chinese expressions and phrases on the Internet, which enables Sogou Input Method to build a comprehensive and up-to-date vocabulary library. The company focuses on delivering internet content to users through services such as search access to the vast content from Tencent's Weixin Official Accounts. It operates its business in China and earns the majority of its revenue from China itself.