AP NEWS

Sogou: 3Q Earnings Snapshot

November 4, 2019

BEIJING (AP) _ Sogou Inc. (SOGO) on Monday reported third-quarter profit of $36.6 million.

On a per-share basis, the Beijing-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring costs, came to 10 cents per share.

The Chinese search engine posted revenue of $314.9 million in the period.

For the current quarter ending in December, Sogou said it expects revenue in the range of $290 million to $310 million.

Sogou shares have increased slightly since the beginning of the year. The stock has decreased 17% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SOGO at https://www.zacks.com/ap/SOGO