Sohu Com Ltd Stock Price, News & Analysis

Sohu.com Limited (NASDAQ: SOHU), a leading Chinese online media and gaming company, has scheduled to release its first quarter 2025 unaudited financial results on Monday, May 19, 2025, before U.S. market hours. The company's management will host a conference call at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing/Hong Kong time) on the same day. Participants can pre-register for the conference call through a provided link and will receive dial-in details and a unique access PIN. The conference call will be accessible via live webcast and archived on Sohu's Investor Relations website.

Sohu.com (NASDAQ: SOHU), a prominent Chinese online media platform and game business group, has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission. The report is now accessible on the company's investor relations website at https://investors.sohu.com/.

The company has also confirmed that shareholders and American depositary shares holders can request a complimentary hard copy of the Annual Report, which includes audited consolidated financial statements, through written request.

Sohu.com reported Q4 2024 financial results with total revenues of US$135 million, down 5% year-over-year and 11% quarter-over-quarter. Brand advertising revenues were US$19 million (-7% YoY, +1% QoQ), while online game revenues reached US$110 million (-4% YoY, -14% QoQ).

For fiscal year 2024, total revenues remained flat at US$598 million compared to 2023. Brand advertising revenues declined 17% to US$73 million, while online game revenues grew 5% to US$502 million. The company reported a GAAP net loss of US$100 million for 2024, compared to US$66 million in 2023.

The company maintains a strong liquidity position with approximately US$1.2 billion in cash and investments. Under its share repurchase program, Sohu has repurchased 4,180,158 ADSs for approximately US$52 million as of February 13, 2025.

Sohu.com (NASDAQ: SOHU), a leading Chinese online media, video and game business group, has announced it will release its fourth quarter and fiscal year 2024 unaudited financial results on February 18, 2025, before U.S. market hours. The company's management team will host a conference call at 4:30 a.m. U.S. Eastern Time (5:30 p.m. Beijing/Hong Kong time) on the same day to discuss the results. Participants can pre-register for the conference call through a provided link, and a live webcast and archive will be available on Sohu's Investor Relations website.

Sohu.com reported Q3 2024 financial results with total revenues of US$152 million, up 5% year-over-year but down 12% quarter-over-quarter. Online game revenues reached US$128 million, increasing 9% year-over-year, while brand advertising revenues were US$19 million, declining 15% year-over-year. The company reported a GAAP net loss of US$16 million and a non-GAAP net loss of US$12 million. Gross margin stood at 74%. For Q4 2024, Sohu expects brand advertising revenues between US$17-19 million and online game revenues between US$97-107 million, with projected non-GAAP net loss between US$26-36 million.

Sohu.com (NASDAQ: SOHU), a leading Chinese online media, video and game business group, has scheduled the release of its third quarter 2024 unaudited financial results for November 12, 2024, before U.S. market hours. The management team will host a conference call at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Beijing/Hong Kong time) on the same day. Participants can pre-register for the conference call through a provided link and will receive dial-in details upon registration.

NaaS Technology Inc. (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, announced a significant leadership change. Mr. Alex Wu has resigned as President, Chief Financial Officer, and Director, effective August 9, 2024. The company has appointed Mr. Steven Sim as the new Chief Financial Officer, starting August 12, 2024.

Mr. Sim brings over 20 years of experience in Singapore, London, and mainland China. He holds an MBA from INSEAD and has worked at three of the Big Four accounting firms. His previous roles include Vice President of Finance at Sohu and CFO at Pintec Group, where he led the company's IPO process.

To ensure a smooth transition, Mr. Wu will continue in an advisory role until November 8, 2024. Ms. Yang Wang, speaking on behalf of NaaS, expressed gratitude for Mr. Wu's contributions and confidence in Mr. Sim's ability to drive growth for the company.

Sohu.com reported Q2 2024 financial results with total revenues of $172 million, up 13% year-over-year and 24% quarter-over-quarter. Online game revenues were $147 million, up 24% year-over-year and 25% quarter-over-quarter. However, brand advertising revenues declined 17% year-over-year to $20 million. The company reported a GAAP net loss of $38 million, compared to a $21 million loss in Q2 2023. Gross margin decreased to 67% from 76% in Q2 2023. For Q3 2024, Sohu expects brand advertising revenues between $17-19 million and online game revenues between $104-114 million, with a projected non-GAAP net loss of $30-40 million.

Sohu.com (NASDAQ: SOHU), a leading Chinese online media, video, and game business group, has announced it will report its second quarter 2024 unaudited financial results on Monday, August 5, 2024, before U.S. market hours. The company's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing/Hong Kong time) to discuss the quarterly results.

Participants can pre-register for the conference call through a provided link, which will give them dial-in numbers and a unique access PIN. The company advises dialing in 10 minutes before the call's scheduled start. Additionally, a live webcast and archive of the conference call will be available on the Investor Relations section of Sohu's website.