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Sohu.com Limited (NASDAQ: SOHU) is a leading Chinese digital media and gaming company operating one of the country's most comprehensive web ecosystems. This page provides investors and stakeholders with centralized access to official press releases, financial announcements, and strategic updates from Sohu and its subsidiaries.
Discover real-time updates on earnings reports, game launches through Changyou, media partnerships, and operational developments. Our curated news collection eliminates information fragmentation, offering reliable sources for assessing Sohu's position in online advertising, mobile platforms, and interactive entertainment.
Key coverage areas include quarterly financial results, content distribution agreements, gaming platform updates, and leadership announcements. All content is verified for accuracy and updated continuously to reflect Sohu's evolving role in China's digital economy.
Bookmark this page for streamlined tracking of Sohu's business performance across its media properties and gaming ventures. Check regularly for critical updates that may impact market perception and investment decisions.
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.
Sohu.com (NASDAQ: SOHU) reported unaudited financial results for Q1 2024, ending March 31. Total revenues were $139 million, a 14% decline year-over-year and 1% decline quarter-over-quarter. Brand advertising revenues fell to $16 million, a 29% drop year-over-year and 20% drop quarter-over-quarter. Online game revenues were $118 million, a 9% decrease year-over-year but a 3% increase quarter-over-quarter.
The GAAP net loss was $25 million, compared to $18 million in Q1 2023 and $13 million in Q4 2023. Non-GAAP net loss was $22 million, versus $13 million in Q1 2023 and $11 million in Q4 2023. Cash and equivalents totaled approximately $1.3 billion. For Q2 2024, Sohu projects brand advertising revenues between $18 million and $20 million, and online game revenues between $133 million and $143 million.
Sohu.com (NASDAQ: SOHU) will announce its first quarter 2024 unaudited financial results on May 20, 2024. The management will host a conference call on the same day. Participants can register for the call online. The webcast and archive will be accessible on Sohu's Investor Relations website.
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