This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

QIHOO 360 Technology's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: QIHU

QIHOO 360 Technology Co. Ltd. (QIHU)

Q2 2012 Earnings Call

August 21, 2012 8:30 p.m. EDT

Executives

Helen Wu - Director of IR

Hongyi Zhou – Chairman and CEO

Alex Xu – Co-CFO

Analysts

Timothy Chan – Morgan Stanley

Jiong Shao – Macquarie

Bin Liu – Citigroup

Tian Hou – T.H. Capital

Wendy Huang – CIMB

Andy Zhao – Bank of America

Cynthia Meng – Jefferies

George Askew – Stifel Nicolaus

[Nancy Yang] – [86 Research]

Kevin Kopelman – Cowen & Co.

Alicia Yap – Barclays Capital

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Qihoo 360 Second Quarter 2012 Earnings Conference Call.

[Operator Instructions]. I must advise you that this conference is being recorded today, Wednesday, the 22nd of August, 2012.

I would now like to hand the conference over to your first speaker today, Ms. Helen Wu, Director of Investor Relations. Thank you. Please go ahead, ma'am.

Helen Wu

Thank you, operator. Welcome, everyone, to our second quarter 2012 earnings conference call. I'm Helen Wu, Director of Investor Relations at Qihoo 360.

Joining me on the call today are Mr. Hongyi Zhou, Chairman and CEO; Mr. Alex Xu, co-CFO of the company. For today's call, management will first discuss operational and financial highlights for the second quarter of 2012, and then we'll open up the call for your questions.

Before we continue, I would like to refer you to our Safe Harbor Statements in our earnings press release, which applies to this call as we may make forward-looking statements. This call also includes discussions of certain non-GAAP financial measures. Please refer to our earnings press release which contains a reconciliation of non-GAAP measures to the most directly comparable GAAP measures. Finally, please note that, unless otherwise stated, all figures mentioned during the call are in US dollars.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs