Why Sogou Inc. Stock Dropped 9% on Monday [The Motley Fool]
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share (SOGO)
Last sogou inc. american depositary shares, each representing one class a ordinary share earnings: 3/9 02:30 am
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Source: The Motley Fool
Expectations were high heading into Q4, but Sogou fell short and could do so again. Rich Smith ( TMFDitty ) Jan 29, 2018 at 6:07PM What happened China's second-largest search engine , as Sogou Inc. ( NYSE:SOGO ) now bills itself, had a rough start to the week on Monday. After reporting Q4 earnings this morning, Sogou stock sold off by more than 10% in early trading, and ended the day down 9.4%. So what went wrong? So what At first glance, very little went wrong at Sogou in Q4. Sales surged 66% to $277.8 million in comparison to last year's Q4, and profits per diluted share quadrupled to $0.04. CEO Xiaochuan Wang pronounced himself really pleased to post a strong set of results in the fourth quarter. And yet, analysts had hoped for even stronger results. According to a survey published by Yahoo! Finance, analysts were looking for $280.4 mil
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