Sohu.com Reports Third Quarter 2019 Unaudited Financial Results
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Sohu.com, Inc. (SOHU) Tops Q3 EPS by 30c, Revenues Beat; Provides Q4 EPS Guidance Above Consensus
November 4, 2019 6:14 AM ESTSohu.com, Inc. (NASDAQ: SOHU) reported Q3 EPS of ($0.59), $0.30 better than the analyst estimate of ($0.89). Revenue for the quarter came in at $482 million versus the consensus estimate of $451.72 million.
Third Quarter Highlights[1]
Total revenues were US$482 million[2], up 9% year-over-year and 4% quarter-over-quarter.Brand advertising revenues were US$46 million, down 19% year-over-year and up 5% quarter-over-quarter.Search and search related advertising revenues[3] were US$288 million, up 13% year-over-year and 4% quarter-over-quarter.Online game revenues were US$108 million, up 13% year-over-year and 6% quarter-over-quarter.GAAP net loss attributable to Sohu.com Limited... More