Sohu.com, Inc. (SOHU) Tops Q3 EPS Views; Issues Light Q4 Outlook
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Changyou Reports Third Quarter 2016 Unaudited Financial Results
October 24, 2016 3:00 AM EDTBEIJING, Oct. 24, 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 third quarter ended September 30, 2016.
Third Quarter 2016 Highlights
Total revenues were US$136 million1, representing a decrease of 28% year-over-year and an increase of 5% quarter-over-quarter, exceeding guidance by $1 million. Online game revenues were US$99 million, representing a decrease of 35% year-over-year and 1% quarter-over-quarter, in line with the... MoreSohu.com Reports Third Quarter 2016 Unaudited Financial Results
October 24, 2016 3:00 AM EDTBEIJING, Oct. 24, 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 third quarter ended September 30, 2016.
Third Quarter Highlights
Total revenues were US$411 million[1], down 21% year-over-year and 2% quarter-over-quarter. Brand advertising revenues were US$111 million, down 27% year-over-year and 2% quarter-over-quarter. Sogou[2] revenues were US$166 million, up 2% year-over-year and down 6% quarter-over-quarter. Online game revenues were US$99 million, down 35%... More