Welcome to our dedicated page for Sohu Com news (Ticker: SOHU), a resource for investors and traders seeking the latest updates and insights on Sohu Com stock.
Sohu.com Limited (NASDAQ: SOHU) is a Chinese online media platform and game business group whose news flow is closely tied to its role in digital media, marketing services and online games. Company announcements emphasize that Sohu operates a matrix of Chinese-language web properties, including the Sohu News App, Sohu Video App, mobile and PC portals, and an online video website, while its subsidiary Changyou develops and operates PC and mobile games.
The SOHU news stream on Stock Titan highlights regular unaudited quarterly financial results, where the company reports total revenues, marketing services or brand advertising revenues, and online game revenues, along with gross margins, operating profit or loss, and net income or loss. These releases often include commentary from management describing product refinements, technology improvements, and social events on the Sohu media platform, as well as content updates and optimization efforts in key game titles such as Tian Long Ba Bu ("TLBB") PC, TLBB: Return, New Westward Journey and Journey Renewed: Fate Fantasy.
Investors following SOHU news also see updates on liquidity and capital resources, including cash, short-term investments and long-term time deposits, as well as progress under the company’s share repurchase program for its American depositary shares. Additional news items cover the timing of upcoming earnings releases, conference call details, and the availability of the annual report on Form 20-F.
Because Sohu is a foreign private issuer, many of its news releases are furnished to the SEC on Form 6-K and reference risk factors and safe harbor statements. For readers interested in the intersection of Chinese online media, social features and gaming, the SOHU news page provides a centralized view of earnings trends, operational commentary and corporate actions. Users can return regularly to monitor how Sohu’s media and games businesses are described in the company’s own disclosures.
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.
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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