Sohu.com, Inc. (SOHU) Reports Q1 Loss of $0.65; offers outlook

Sohu.com, Inc. (NASDAQ: SOHU) reported Q1 EPS of ($0.65). Revenue for the quarter came in at $139.39 million.

OUTLOOK

For the second quarter of 2024, Sohu estimates:

-Brand advertising revenues to be between US$18 million and US$20 million; this implies an annual decrease of 16% to 25%, and a sequential increase of 12% to 24%.
-Online game revenues to be between US$133 million and US$143 million; this implies an annual increase of 12% to 21%, and a sequential increase of 13% to 21%.
-Non-GAAP net loss attributable to Sohu.com Limited to be between US$27 million and US$37 million; and GAAP net loss attributable to Sohu.com Limited to be between US$30 million and US$40 million.

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

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