MAUs of Qihoo Reached 514 million in Q2 2015

Qihoo reported revenues of US$438.3 million in Q2 2015,Taobao agent an increase of 37.9% from U$317.9 million in the second quarter of 2014 and 14.0% from US$384.4 million in the first quarter of 2015. Net income attributable to Qihoo 360 was US$81.4 million, compared to US$39.1 million in the second quarter of 2014 and US$53.0 million in the prior quarter. The strong year-over-year growth was due to the continued solid performance in Qihoo’s online advertising.

Operating income of Qihoo was US$81.1 million, compared to US$43.9 million in the second quarter of 2014 and US$75.9 million in the prior quarter. Non-GAAP operating income was US$108.9 million, compared to US$69.7 million in the second quarter of 2014 and US$96.5 million in the prior quarter. Total monthly active users of Qihoo 360’s PC-based products and services reached 514 million in June 2015, compared to 496 million in June 2014, among which the number of monthly active users of Qihoo 360’s PC browsers was 388 million with user penetration of 73.0%.

In this Quarter, Qihoo launched 360 Auto Guard (automobile data recorder) and a new generation of 360 Kids Guard, which were well received by users. Total smartphone users of Qihoo 360’s primary mobile security product reached a record high of 799 million in June 2015, compared to 641 million in June 2014. Qihoo was expected to expand its services and brand influence from online to offline and from virtual to real settings through the marketing of smart hardware and smartphones which started to take pre-orders on September 1, 2015.

Qihoo’s Second Quarter 2015 Highlights

• Revenues were US$438.3 million, a 37.9% increase from US$317.9 million in the second quarter of 2014.
• Net income attributable to Qihoo 360 was US$81.4 million, compared to US$39.1 million in the second quarter of 2014.
• Net cash generated from operations in the second quarter of 2015 was US$128.8 million.
• Total monthly active users of Qihoo 360’s PC-based products and services reached 514 million in June 2015.
• Monthly active users of Qihoo 360’s PC browsers was 388 million and user penetration was 73.0% in June 2015.
• Total smartphone users of Qihoo 360’s primary mobile security product reached 799 million in June 2015.China Ebay