Qihoo Search To Boost Sales As It Battles Baidu
Qihoo 360 Technology (QIHU), the Chinese Web portal that's increasingly being seen as a competitor to Baidu (BIDU), is expected to report 71.8% sales growth and even profit for Q3. Wall Street sees Qihoo reporting $81.6 million in sales, up from $47.5 million a year ago, according to analyst estimates compiled by Thomson Reuters. Per-share profit excluding items is seen at 16 cents, even with last year. The company's set to report late Monday.
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