Sohu.com Reports Third Quarter 2018 Unaudited Financial Results
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Sohu.com, Inc. (SOHU) Tops Q3 EPS by 70c, Revenues Beat; Offers 4Q EPS Outlook Above Consensus, 4Q Revenue Outlook Below Consensus
November 5, 2018 6:01 AM ESTSohu.com, Inc. (NASDAQ: SOHU) reported Q3 EPS of ($0.89), $0.70 better than the analyst estimate of ($1.59). Revenue for the quarter came in at $460 million versus the consensus estimate of $458.5 million.
Total revenues[1] were US$460 million[2], down 11% year-over-year and 5% quarter-over-quarter.Brand advertising revenues were US$57 million, down 24% year-over-year and 7% quarter-over-quarter.Search and search related advertising revenues[3] were US$255 million, up 13% year-over-year and down 6% quarter-over-quarter.Online game revenues were US$96 million, down 28%... More