Sogou Inc. (SOGO) Reports Q1 Loss of $1.39/ADS

Sogou Inc. (NYSE: SOGO) reported Q1 EPS of ($1.39). Revenue for the quarter came in at $431.4 million, versus $455 million reported last year.

For the second quarter of 2019, Sohu estimates:

• Total revenues to be between US$469 million and US$494 million.
• Brand advertising revenues to be between US$47 million and US$52 million; this implies an annual decrease of 15% to 24% and a sequential increase of 9% to 21%.
• Sogou revenues to be between US$303 million and US$313 million; this implies an annual increase of 1% to 4% and a sequential increase of 20% to 24%.
• Online game revenues to be between US$90 million and US$100 million; this implies an annual decrease of 5% to an annual increase of 6% and a sequential decrease of 9% to a sequential increase of 1%.
• Non-GAAP net loss attributable to Sohu.com Limited. to be between US$38 million and US$48 million, and non-GAAP loss per fully-diluted ADS to be between US$0.95 and US$1.20. GAAP net loss attributable to Sohu.com Limited to be between US$40 million and US$50 million, and GAAP loss per fully-diluted ADS to be between US$1.00 and US$1.25.
• Excluding the profit/loss generated by Sogou and Changyou, Non-GAAP net loss attributable to Sohu.com Limited. to be between US$65 million and US$70 million, GAAP net loss attributable to Sohu.com Limited to be between US$67million and US$72 million.

For earnings history and earnings-related data on Sogou Inc. (SOGO) click here.

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