BEIJING (AP) _ Sogou Inc. (SOGO) on Monday reported a third-quarter loss of $42 million, after reporting a profit in the same period a year earlier.
The Beijing-based company said it had a loss of 11 cents per share. Losses, adjusted for stock option expense, came to 10 cents per share.
The Chinese search engine posted revenue of $216.7 million in the period.
Sogou shares have climbed 96% since the beginning of the year. The stock has increased 69% in the last 12 months.
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