Sohu.com (SOHU) Tops Q1 EPS by 1c; Guides Q2
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Sohu.com Reports First Quarter 2016 Unaudited Financial Results
April 25, 2016 4:02 AM EDTBEIJING, April 25, 2016 /PRNewswire/ --Â Sohu.com Inc. (NASDAQ: SOHU), China's leading online media, search, gaming, community and mobile service group, today reported unaudited financial results for the first quarter ended March 31, 2016.
First Quarter Highlights
Total revenues were US$408 million[1], down 10% year-over-year and 12% quarter-over-quarter. Brand advertising revenues were US$126 million, down 6% year-over-year and 11% quarter-over-quarter. Of this, revenues of Sohu Media Portal, or Sohu.com excluding Sohu Video, were US$45 million, flat year-over-year and down 8% quarter-over-quarter. Revenues of Sohu Video were US$41... More