Sohu Com Ltd Stock Price, News & Analysis

The global online ad spending market is projected to grow by USD 241.99 billion from 2021 to 2026 at a CAGR of 10.98%, driven by the decline in offline advertising, particularly radio ads, worsened by pandemic effects. North America is expected to contribute 41% of the market growth, with a strong increase in mobile ad spending as smartphone usage rises globally. Notably, online video advertising is forecast to rise from USD 62 billion in 2021 to USD 91 billion in 2024. However, the market faces challenges, including click fraud activities impacting growth.

Sohu.com Limited (NASDAQ: SOHU) reported its financial results for Q4 and fiscal year 2022, revealing a decline in total revenues to US$160 million, a 17% drop year-over-year. Brand advertising fell 14% to US$29 million, while online game revenues decreased 16% to US$121 million. The GAAP net loss was US$7 million, compared to a profit of US$4 million in Q4 2021. For the fiscal year, total revenues were US$734 million, down 12%, with a GAAP net loss of US$17 million vs. a profit of US$69 million in 2021. The company anticipates further revenue declines for Q1 2023, projecting brand advertising revenues between US$20 million and US$23 million.

Sohu.com Limited (NASDAQ: SOHU) will announce its fourth quarter and fiscal year 2022 unaudited financial results on February 21, 2023, before U.S. market hours. A conference call hosted by Sohu's management team will follow at 7:30 a.m. ET the same day. Interested participants can register for the call via a provided link to receive dial-in details. As a significant player in China's online media, video, and game industry, Sohu offers a diverse range of content and advertising services across its digital platforms, making it a critical resource for millions of users.

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Sohu.com Limited (NASDAQ: SOHU) reported its third-quarter results for 2022, revealing total revenues of US$185 million, a 14% decline year-over-year. The company experienced significant losses, with a GAAP net loss of US$22 million compared to net income in the previous year. Online game revenues were US$149 million, down 11% year-over-year. The outlook for Q4 projects brand advertising revenues between US$25 million and US$28 million, reflecting a 17% to 26% drop. Despite challenges from COVID-19, Sohu aims to enhance product monetization and operational efficiencies.

Sohu.com Limited (NASDAQ: SOHU), China's leading online media and game business group, is set to announce its third quarter 2022 unaudited financial results on November 14, 2022, before U.S. market hours. Management will conduct a conference call at 7:30 a.m. U.S. Eastern Time on the same day. Participants can register for the call via a link provided in the announcement. Sohu continues to be a major player in the Chinese internet landscape, offering various online brand advertising, news, and content services across its extensive network of web properties.

Sohu.com Limited (NASDAQ: SOHU) reported its second quarter 2022 results with total revenues of US$195 million, a 5% decline year-over-year. Brand advertising revenues fell 32% year-over-year to US$25 million, while online game revenues increased 4% to US$157 million. GAAP net income was US$9 million, down from US$22 million in Q2 2021. The company expects third quarter brand advertising revenues between US$25 million and US$28 million, forecasting a net loss of US$35 million to US$25 million.

Sohu.com Limited (NASDAQ: SOHU) will announce its Q2 2022 unaudited financial results on August 8, 2022, before U.S. market hours. A conference call will follow at 7:30 a.m. ET the same day. Interested participants can register for the call and access live streaming through Sohu's Investor Relations website. The announcement will provide vital insights into Sohu's performance, which is crucial for stakeholders keen on understanding company metrics amidst a competitive landscape.

Sohu.com Limited (NASDAQ: SOHU) reported Q1 2022 financial results, with total revenues of US$193 million, a 13% decline year-over-year. Brand advertising revenues fell to US$24 million, down 23%, while online game revenues reached US$158 million, a 11% decrease year-over-year but an increase of 10% from the previous quarter. GAAP net income was US$3 million, a significant drop from US$32 million in Q1 2021. The company anticipates further challenges in Q2 with projected brand advertising revenues between US$22 million and US$25 million.