{"id":4620,"date":"2012-11-20T08:51:43","date_gmt":"2012-11-20T12:51:43","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=4620"},"modified":"2012-11-20T08:51:43","modified_gmt":"2012-11-20T12:51:43","slug":"qihoo-360-nyseqihu-net-up-18-percent-on-revenue-growth-qihu-sify-iiji-t-s","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/qihoo-360-nyseqihu-net-up-18-percent-on-revenue-growth-qihu-sify-iiji-t-s-4620","title":{"rendered":"Qihoo 360 (NYSE:QIHU) Net Up 18 Percent On Revenue Growth – QIHU, SIFY, IIJI, T, S"},"content":{"rendered":"

Qihoo 360 Technology Co Ltd (NYSE:QIHU)<\/strong> announced on Q3 profit surged 18 percent as the Chinese Internet firm declared an increasing user base and a increase in revenue.<\/p>\n

The firm’s American depositary shares rose 3.8 percent to $24.60 in after-hours trading. Through the close, the equity was increased 51 percent so far this year.<\/p>\n

For the present quarter, the firm expects revenue of $93M to $94M, beating the $90M expects from analysts polled by Thomson Reuters.<\/p>\n

The firm forecasts for the full year revenue of $319 to $320 million, more than the $315 million forecaster anticipated.<\/p>\n

CEO, Hongyi Zhou reported that the firm’s currently released products and services will continue to increase results, despite headwinds in the Chinese economy.<\/p>\n

Qihoo 360 Technology Co Ltd (NYSE:QIHU)<\/strong> opened at $23.27 with 119.35 million outstanding shares and touch its highest price of $23.76 of the day and then finished at $23.70 by scoring 3.13%, as in the whole session stocks gain volume of 2.75 million shares which is higher than its average volume.<\/p>\n

As the owner ship concerns stock institutional ownership remained 36.59% while insider ownership included 11.16%. The share capital of QIHU has 119.35 million outstanding shares amid them 114.62 million shares have been floated in market.<\/p>\n

For investors focus on the performance of the stocks so the QIHU showed weekly ahead performance of 0.04% which was maintained for the month at 6.61%. Correspondingly the positive performance for the quarter was remained 27.83% and if took notice on yearly performance that was 25.26% whereas the year to date performance halted at 51.05%.<\/p>\n

As the moving toward the returns measures returns on Investment ratio is significant measure which investor should have in consideration, the QIHU return on investment was recorded as 12.89% as compare to its rivals has Sify Technologies Limited (ADR) (NASDAQ:SIFY)’s <\/strong>ROI -10.12%, Internet Initiative Japan Inc. (ADR) (NASDAQ:IIJI)’s<\/strong> ROI 8.48%, AT&T Inc. (NYSE:T)’s<\/strong> ROI 1.96%, Sprint Nextel Corporation (NYSE:S)’s<\/strong> ROI -10.59%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Qihoo 360 Technology Co Ltd (NYSE:QIHU) announced on Q3 profit surged 18 percent as the Chinese Internet firm declared an increasing user base and a […]<\/p>\n","protected":false},"author":10,"featured_media":4621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[260,4,263],"tags":[1103,1220,1214,1215,1213,1211,1217,1104,1210,1218,1221,1219,1212,1216,169],"stock_ticker":[],"class_list":["post-4620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advancers","category-nasdaq-high-profiles","category-technology","tag-att","tag-iiji","tag-internet-initiative-japan","tag-nasdaqiiji","tag-nasdaqsify","tag-nyseqihu","tag-nyses","tag-nyset","tag-qihoo-360-technology","tag-qihu","tag-s","tag-sify","tag-sify-technologies","tag-sprint-nextel","tag-t","entry"],"acf":[],"yoast_head":"\nQihoo 360 (NYSE:QIHU) Net Up 18 Percent On Revenue Growth - 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