Sohu.com (SOHU) Misses Q2 EPS by 25c
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August 1, 2016 3:40 AM EDT
BEIJING, Aug. 1, 2016 /PRNewswire/ -- Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator in China, today announced its unaudited financial results for the second quarter ended June 30, 2016.
Second Quarter 2016 Highlights
Total revenues were US$129 million[1], representing a decrease of 36% year-over-year and 1% quarter-over-quarter, in line with the Company's guidance.
Online game revenues were US$99 million, representing a decrease of 42% year-over-year and 3% quarter-over-quarter, in line with the...
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August 1, 2016 3:40 AM EDT
BEIJING, Aug. 1, 2016 /PRNewswire/ -- Sohu.com Inc. (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the second quarter ended June 30, 2016.
Second Quarter Highlights
Total revenues were US$420 million[1], down 15% year-over-year and up 3% quarter-over-quarter.
Brand advertising revenues were US$113 million, down 25% year-over-year and 10% quarter-over-quarter.
Sogou[2] revenues were US$176 million, up 19% year-over-year and 19% quarter-over-quarter.
Online game revenues were US$99 million,...
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