Sohu.com, Inc. (SOHU) Misses Q4 EPS by 11c; offers Q1 outlook

Sohu.com, Inc. (NASDAQ: SOHU) reported Q4 EPS of ($0.32), $0.11 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $141.4 million, versus $0 reported last year.

OUTLOOK

For the first quarter of 2024, Sohu estimates:

Brand advertising revenues to be between US$15 million and US$17 million; this implies an annual decrease of 25% to 33%, and a sequential decrease of 16% to 26%.
Online game revenues to be between US$110 million and US$120 million; this implies an annual decrease of 7% to 15%, and a sequential decrease of 4% to a sequential increase of 5%.
Non-GAAP net loss attributable to Sohu.com Limited to be between US$23 million and US$33 million; and GAAP net loss attributable to Sohu.com Limited to be between US$26 million and US$36 million.

For earnings history and earnings-related data on Sohu.com, Inc. (SOHU) click here.

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