Sogou: 2Q Earnings Snapshot
BEIJING (AP) _ Sogou Inc. (SOGO) on Monday reported second-quarter net income of $21.3 million.
On a per-share basis, the Beijing-based company said it had net income of 5 cents. Earnings, adjusted for non-recurring costs, came to 7 cents per share.
The Chinese search engine posted revenue of $303.6 million in the period.
The company’s shares closed at $3.86. A year ago, they were trading at $9.37.