Sohu.com Limited American Depositary Shares - SOHU STOCK NEWS

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Sohu.com Limited (NASDAQ: SOHU) reported its third-quarter results for 2022, revealing total revenues of US$185 million, a 14% decline year-over-year. The company experienced significant losses, with a GAAP net loss of US$22 million compared to net income in the previous year. Online game revenues were US$149 million, down 11% year-over-year. The outlook for Q4 projects brand advertising revenues between US$25 million and US$28 million, reflecting a 17% to 26% drop. Despite challenges from COVID-19, Sohu aims to enhance product monetization and operational efficiencies.

Sohu.com Limited (NASDAQ: SOHU), China's leading online media and game business group, is set to announce its third quarter 2022 unaudited financial results on November 14, 2022, before U.S. market hours. Management will conduct a conference call at 7:30 a.m. U.S. Eastern Time on the same day. Participants can register for the call via a link provided in the announcement. Sohu continues to be a major player in the Chinese internet landscape, offering various online brand advertising, news, and content services across its extensive network of web properties.

Sohu.com Limited (NASDAQ: SOHU) reported its second quarter 2022 results with total revenues of US$195 million, a 5% decline year-over-year. Brand advertising revenues fell 32% year-over-year to US$25 million, while online game revenues increased 4% to US$157 million. GAAP net income was US$9 million, down from US$22 million in Q2 2021. The company expects third quarter brand advertising revenues between US$25 million and US$28 million, forecasting a net loss of US$35 million to US$25 million.

Sohu.com Limited (NASDAQ: SOHU) will announce its Q2 2022 unaudited financial results on August 8, 2022, before U.S. market hours. A conference call will follow at 7:30 a.m. ET the same day. Interested participants can register for the call and access live streaming through Sohu's Investor Relations website. The announcement will provide vital insights into Sohu's performance, which is crucial for stakeholders keen on understanding company metrics amidst a competitive landscape.

Sohu.com Limited (NASDAQ: SOHU) reported Q1 2022 financial results, with total revenues of US$193 million, a 13% decline year-over-year. Brand advertising revenues fell to US$24 million, down 23%, while online game revenues reached US$158 million, a 11% decrease year-over-year but an increase of 10% from the previous quarter. GAAP net income was US$3 million, a significant drop from US$32 million in Q1 2021. The company anticipates further challenges in Q2 with projected brand advertising revenues between US$22 million and US$25 million.

Sohu.com Limited (NASDAQ: SOHU) is set to disclose its first quarter 2022 unaudited financial results on May 16, 2022, before U.S. market hours. A conference call will follow at 7:30 a.m. Eastern Time on the same day, with preregistration required due to COVID-19 restrictions.

Details about the conference call and its replay are accessible on Sohu's Investor Relations website.

Sohu.com Limited (NASDAQ: SOHU), a leading online media and game business group in China, has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC. The report is accessible on Sohu's investor relations website, and shareholders can request a hard copy of the audited consolidated financial statements free of charge. Sohu, founded by Dr. Charles Zhang, operates various media platforms and its subsidiary Changyou focuses on online gaming, providing a wide range of information and entertainment services to millions of users.

Sohu.com Limited (NASDAQ: SOHU) reported Q4 and annual results for 2021, revealing total revenues of $193 million in Q4, down 24% year-over-year. Annual revenues reached $836 million, a growth of 11%. While online game revenues significantly increased by 19% for the year to $638 million, brand advertising dropped 20% in Q4 and 8% annually. The company's GAAP net income fell to $4 million in Q4 from $47 million the previous year. For Q1 2022, Sohu forecasts brand advertising revenues to decline by 15-25% and predicts a GAAP net loss of $13-23 million, reflecting ongoing challenges amid the pandemic.