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Sohu.com Limited reports recurring developments for a Chinese online media platform and game business group whose securities trade on Nasdaq as American depositary shares. Company updates commonly cover unaudited quarterly and annual results, marketing services revenue, online game revenue, gross margin trends, and annual report availability.
Sohu operates Chinese-language web and mobile properties including Sohu News App, Sohu Video App, its mobile and PC portals, and community-based content services using text, pictures, video, and live broadcasting. Its online games business is conducted through Changyou, which develops and operates PC and mobile games including Tian Long Ba Bu (TLBB), Legacy TLBB Mobile, and related game platforms.
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.
Sohu.com Limited (NASDAQ: SOHU) is set to disclose its first quarter 2022 unaudited financial results on May 16, 2022, before U.S. market hours. A conference call will follow at 7:30 a.m. Eastern Time on the same day, with preregistration required due to COVID-19 restrictions.
Details about the conference call and its replay are accessible on Sohu's Investor Relations website.
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.