SOHU Q4 Loss Narrower Than Expected Despite Revenue Decline [Yahoo! Finance]
Sohu.com Limited - American Depositary Shares (SOHU)
Last sohu.com limited - american depositary shares earnings: 3/9 02:35 am
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Source: Yahoo! Finance
Sohu.com Limited SOHU reported mixed fourth-quarter 2023 results, with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. Despite increasing user engagement and innovative strategic investments in its platform, the leading provider of online advertising, media and gaming services in China recorded year-over-year lower revenues owing to the adverse impact of rigid government regulations and macroeconomic headwinds. Net Income On a GAAP basis, the company incurred a net loss of $12.6 million or a loss of 37 cents per American Depository Share (ADS) compared with a net loss of $7.1 million or a loss of 21 cents per ADS in the prior-year quarter. An increase in operating expenses and a decrease in revenues led to the wider loss during the quarter. Non-GAAP net loss was $10.8 million or a loss of 32 cents per ADS compared with a net loss of $2.2 million or a loss of 6 cents per ADS in the year-ago quarter. Non-GAAP net loss for the reported quart
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SOHU
News
- Sohu.com (NASDAQ:SOHU) shareholders have endured a 38% loss from investing in the stock three years ago [Yahoo! Finance]Yahoo! Finance
- EHang Announces Appointment of Co-Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
- Sohu.com (SOHU) Up 10% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Sohu.com Limited Announces its 2023 Annual Report on Form 20-F is Available on the Company's Website [Yahoo! Finance]Yahoo! Finance
- Sohu.com Limited Announces its 2023 Annual Report on Form 20-F is Available on the Company's WebsitePR Newswire
SOHU
Earnings
- 3/5/24 - Beat
SOHU
Sec Filings
- 3/18/24 - Form 20-F
- 3/4/24 - Form 6-K
- 2/14/24 - Form SC
- SOHU's page on the SEC website