Sohu Com Ltd Stock Price, News & Analysis

Sohu.com Limited (NASDAQ: SOHU), a leading online media and game business group in China, has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC. The report is accessible on Sohu's investor relations website, and shareholders can request a hard copy of the audited consolidated financial statements free of charge. Sohu, founded by Dr. Charles Zhang, operates various media platforms and its subsidiary Changyou focuses on online gaming, providing a wide range of information and entertainment services to millions of users.

Sohu.com Limited (NASDAQ: SOHU) reported Q4 and annual results for 2021, revealing total revenues of $193 million in Q4, down 24% year-over-year. Annual revenues reached $836 million, a growth of 11%. While online game revenues significantly increased by 19% for the year to $638 million, brand advertising dropped 20% in Q4 and 8% annually. The company's GAAP net income fell to $4 million in Q4 from $47 million the previous year. For Q1 2022, Sohu forecasts brand advertising revenues to decline by 15-25% and predicts a GAAP net loss of $13-23 million, reflecting ongoing challenges amid the pandemic.

Sohu.com Limited (NASDAQ: SOHU), a leading online media and game business in China, is set to release its fourth quarter and fiscal year 2021 unaudited financial results on February 22, 2022, prior to U.S. market hours. A conference call will follow at 7:30 a.m. ET on the same day, where management will discuss the results. Participants must preregister online to obtain dial-in details. A replay of this call will be available from 10:30 a.m. ET on February 22 through March 1, 2022.

Sohu.com Limited (NASDAQ: SOHU) reported Q3 2021 earnings, revealing total revenues of US$216 million, a 37% year-over-year increase. Online game revenues surged 65% year-over-year to US$167 million, while brand advertising revenues dropped 18% to US$34 million. The company achieved a GAAP net income of US$12 million, significantly up from a net loss of US$15 million a year ago. For Q4 2021, Sohu expects brand advertising revenues between US$28 million and US$31 million and online game revenues of US$140 million to US$150 million.

Sohu.com Limited (NASDAQ: SOHU) will announce its third quarter 2021 financial results on November 15, 2021, before U.S. market hours. The company will also conduct a conference call at 7:30 a.m. Eastern Time on the same day. Due to COVID-19, preregistration is required for participants. A replay of the call will be available until November 22, 2021. Sohu is a major online media, video, and gaming entity in China, offering brand advertising services and operating popular gaming titles.

Sohu.com Limited (NASDAQ: SOHU) announced the completion of its sale of Sogou Inc. shares to Tencent Holdings Limited on September 23, 2021. Under the Share Purchase Agreement, Sohu received approximately $1.18 billion in cash for Sogou's Class A and Class B ordinary shares at a price of $9.00 per share. Following this transaction, Sogou has become a privately held entity fully owned by Tencent, concluding a series of agreements leading to this merger.

Sohu.com Limited (NASDAQ: SOHU) reported second-quarter 2021 revenues of US$204 million, a 28% increase year-over-year but an 8% decrease quarter-over-quarter. Brand advertising revenues were US$37 million (3% down YoY, 20% up QoQ), while online game revenues reached US$151 million (43% up YoY, 14% down QoQ). GAAP net income from continuing operations was US$22 million, up from US$11 million YoY but down from US$32 million QoQ. The company anticipates Q3 revenues for brand advertising between US$35M and US$39M and online game revenues between US$145M and US$155M.

Sohu.com Limited (NASDAQ: SOHU) will announce its second quarter 2021 unaudited financial results on August 9, 2021, before U.S. market hours. Following the announcement, a conference call will take place at 7:30 a.m. ET on the same day. Due to COVID-19, operator-assisted calls are unavailable; participants must preregister online to access the call. Sohu is a key player in China's online media, gaming, and search sectors, providing a range of services including online brand advertising and mobile applications.

Sohu.com Limited (NASDAQ: SOHU) reported Q1 2021 financial results with revenues of US$222 million, a 24% year-over-year increase but a 12% quarter-over-quarter decline. The company's GAAP net income stood at US$32 million compared to a loss of US$10 million in Q1 2020. Non-GAAP net income was US$37 million, exceeding guidance due to strong online game performance and tight budget control. Looking ahead, Sohu forecasts Q2 brand advertising revenues between US$36 million and US$40 million and online game revenues between US$134 million and US$144 million.