Sohu.com, Inc. (SOHU) Reports Q3 Loss of $0.39; offers outlook

Sohu.com, Inc. (NASDAQ: SOHU) reported Q3 EPS of ($0.39). Revenue for the quarter came in at $152 million.

Business Outlook

For the fourth quarter of 2024, Sohu estimates:

Brand advertising revenues to be between US$17 million and US$19 million; this implies an annual decrease of 6% to 16%, and a sequential decrease of 9% to a sequential increase of 2%.
Online game revenues to be between US$97 million and US$107 million; this implies an annual decrease of 7% to 15%, and a sequential decrease of 16% to 24%.
Non-GAAP net loss attributable to Sohu.com Limited to be between US$26 million and US$36 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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