Earnings Review: Sogou Inc. (NYSE: SOGO)

Frank Caffrey

I am Frank Caffrey and I focus on breaking news stories and ensuring we (“Up 24 News”) offer timely reporting on some of the most recent stories released through market wires about “Technology” sector.

I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Up 24 News specializing in quicker moving active shares with a short term view on investment opportunities and trends.

Address: 3537 Tyler Avenue, Miami Springs, FL 33166, USA
Phone: (+1) 305-315-5649
Email: frank.caffrey@up24news.com
Frank Caffrey

BEIJING, July 12, 2019 – Shares of Sogou Inc. (NYSE: SOGO) showed the bearish trend with a lower momentum of -1.02% to $3.89. The company traded total volume of 499.876K shares as contrast to its average volume of 781.67K shares. The company has a market value of $1.61B and about 413.63M shares outstanding.

Sogou Inc. (SOGO) reported a first-quarter loss of $3.90M, after reporting a profit in the same period a year earlier. On a per-share basis, the Beijing-based company said it had a loss of 1 cent. The Chinese search engine posted revenue of $252.70M in the period. For the current quarter ending in July, Sogou said it anticipates revenue in the range of $303.0M to $313.0M.

The Company offered net profit margin of 7.10% while its gross profit margin was 35.80%. ROE was recorded as 8.00%. The stock, as of recent close, has shown the weekly downbeat performance of -6.04% which was maintained at -25.90% in this year.

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Frank Caffrey

I am Frank Caffrey and I focus on breaking news stories and ensuring we (“Up 24 News”) offer timely reporting on some of the most recent stories released through market wires about “Technology” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Up 24 News specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 3537 Tyler Avenue, Miami Springs, FL 33166, USA Phone: (+1) 305-315-5649 Email: frank.caffrey@up24news.com

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