Sogou Inc. (NYSE:SOGO) is expected to report third quarter earnings results, before market open, on Monday 16th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.05 per share.
Looking ahead, the full year income are expected at $ 0.06 per share on the revenues of $ 1148.22 million.
Previous Quarter Performance
Sogou Inc. disclosed loss for the second quarter of $ 0.01 per share, from the revenue of $ 261.18 million. The quarterly revenues contracted 13.98 percent compared with the same quarter last year. According to street consensus, SOGO was expected to report 2Q20 loss of $ 0.02 per share from revenue of $ 272.33 million. The bottom line results beat street analysts by $ 0.01 or 50.00 percent, at the same time, top line results fell short of analysts by $ 11.15 million or 4.09 percent.
Stock Performance
On Friday, shares of Sogou Inc. has traded high as $ 8.93 and has cracked $ 8.85 on the downward trend, reaching $ 8.92 with volume of 1.24 million shares.
According to the previous trading day, closing price of $ 8.92, representing a 200.00 % increase from the 52 week low of $ 2.95 and a 1.01 % decrease over the 52 week high of $ 8.94.
The company has a market capital of $ 3.46 billion and is part of the Technology sector and Internet Content & Information industry.
Sogou Inc. provides search and search-related services in the Peoples Republic of China. The company provides Sogou Search, a search engine; and Sogou Input Method, a Chinese language input software for PC and mobile users.
