Sohu.com Limited provides online media, game, and search products and services on PCs and mobile devices in China. The company provides online news and information through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video contents and services through mobile phone application Sohu Video APP and tv.sohu.com, and ifox, a PC video application. The company is also involved in the development, operation, and licensing of online games for PCs and mobile devices, which include massive multiplayer online role-playing games; and casual games, strategy games, and collectible card games. In addition, it operates focus.cn, which provides online real estate information and services; and 17173.com website, which provides news, electronic forums, online videos, and other online game information services to game players, as well as offers mobile game distribution services. Further, the company provides paid subscription services, interactive broadcasting services, and sub-licensing of purchased video content to third parties. Sohu.com Limited was founded in 1996 and is headquartered in Beijing, China.
IPO Year:
Exchange: NASDAQ
Website: sohu.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/10/2021 | $23.50 → $28.00 | Hold → Buy | Jefferies |
BEIJING, Aug. 12, 2024 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ:NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that Mr. Alex Wu, President, Chief Financial Officer and Director of the Company, resigned from the Company for personal reasons, effective August 9, 2024. The Company has appointed Mr. Steven Sim to succeed Mr. Wu as Chief Financial Officer, effective August 12, 2024. Mr. Wu will continue to serve in an advisory role until November 8, 2024, to ensure an orderly and effective transition. "I want to thank Alex for his many contributions to NaaS. We are grateful for the counsel and leadership he has provided, and we wi
BEIJING, Nov. 12, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the third quarter ended September 30, 2024. Third Quarter Highlights[1] Total revenues were US$152 million, up 5% year-over-year and down 12% quarter-over-quarter.Brand advertising revenues were US$19 million, down 15% year-over-year and 6% quarter-over-quarter.Online game revenues were US$128 million, up 9% year-over-year and down 13% quarter-over-quarter.GAAP net loss at
BEIJING, Oct. 29, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its third quarter 2024 unaudited financial results on Tuesday, November 12, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, November 12, 2024 (8:30 p.m. Beijing/Hong Kong time, November 12, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led
BEIJING, Aug. 5, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the second quarter ended June 30, 2024. Second Quarter Highlights Total revenues were US$172 million, up 13% year-over-year and 24% quarter-over-quarter.Brand advertising revenues were US$20 million, down 17% year-over-year and up 24% quarter-over-quarter.Online game revenues were US$147 million, up 24% year-over-year and 25% quarter-over-quarter.GAAP net loss attributable
BEIJING, July 22, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its second quarter 2024 unaudited financial results on Monday, August 5, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, August 5, 2024 (7:30 p.m. Beijing/Hong Kong time, August 5, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led to the c
BEIJING, May 20, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the first quarter ended March 31, 2024. First Quarter Highlights Total revenues were US$139 million, down 14% year-over-year and 1% quarter-over-quarter.Brand advertising revenues were US$16 million, down 29% year-over-year and 20% quarter-over-quarter.Online game revenues were US$118 million, down 9% year-over-year and up 3% quarter-over-quarter.GAAP net loss attributable
BEIJING, May 6, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its first quarter 2024 unaudited financial results on Monday, May 20, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, May 20, 2024 (7:30 p.m. Beijing/Hong Kong time, May 20, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led to the conference
BEIJING, March 4, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter Highlights[1] Total revenues were US$141 million, down 12% year-over-year and 3% quarter-over-quarter.Brand advertising revenues were US$20 million, down 30% year-over-year and 9% quarter-over-quarter.Online game revenues were US$115 million, down 5% year-over-year and 2% quarter-over-quarter.GAAP n
BEIJING, Feb. 20, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its fourth quarter and fiscal year 2023 unaudited financial results on Monday, March 4, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, March 4, 2024 (8:30 p.m. Beijing/Hong Kong time, March 4, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be
BEIJING, Aug. 7, 2023 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the second quarter ended June 30, 2023. Second Quarter Highlights Total revenues were US$152 million, down 22% year-over-year and 6% quarter-over-quarter.Brand advertising revenues were US$24 million, down 4% year-over-year and up 6% quarter-over-quarter.Online game revenues were US$118 million, down 25% year-over-year and 9% quarter-over-quarter.GAAP net loss attributable to Sohu.com Limited was US$21 million, compared with net income of US$9 million in the second quarter of 2022 and a
BEIJING, July 24, 2023 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its second quarter 2023 unaudited financial results on Monday, August 7, 2023, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, August 7, 2023 (7:30 p.m. Beijing/Hong Kong time, August 7, 2023) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led to the c
Jefferies upgraded Sohu.com from Hold to Buy and set a new price target of $28.00 from $23.50 previously
BEIJING, Nov. 12, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the third quarter ended September 30, 2024. Third Quarter Highlights[1] Total revenues were US$152 million, up 5% year-over-year and down 12% quarter-over-quarter.Brand advertising revenues were US$19 million, down 15% year-over-year and 6% quarter-over-quarter.Online game revenues were US$128 million, up 9% year-over-year and down 13% quarter-over-quarter.GAAP net loss at
BEIJING, Oct. 29, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its third quarter 2024 unaudited financial results on Tuesday, November 12, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, November 12, 2024 (8:30 p.m. Beijing/Hong Kong time, November 12, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led
BEIJING, Aug. 12, 2024 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ:NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that Mr. Alex Wu, President, Chief Financial Officer and Director of the Company, resigned from the Company for personal reasons, effective August 9, 2024. The Company has appointed Mr. Steven Sim to succeed Mr. Wu as Chief Financial Officer, effective August 12, 2024. Mr. Wu will continue to serve in an advisory role until November 8, 2024, to ensure an orderly and effective transition. "I want to thank Alex for his many contributions to NaaS. We are grateful for the counsel and leadership he has provided, and we wi
BEIJING, Aug. 5, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the second quarter ended June 30, 2024. Second Quarter Highlights Total revenues were US$172 million, up 13% year-over-year and 24% quarter-over-quarter.Brand advertising revenues were US$20 million, down 17% year-over-year and up 24% quarter-over-quarter.Online game revenues were US$147 million, up 24% year-over-year and 25% quarter-over-quarter.GAAP net loss attributable
BEIJING, July 22, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its second quarter 2024 unaudited financial results on Monday, August 5, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, August 5, 2024 (7:30 p.m. Beijing/Hong Kong time, August 5, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led to the c
BEIJING, May 20, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the first quarter ended March 31, 2024. First Quarter Highlights Total revenues were US$139 million, down 14% year-over-year and 1% quarter-over-quarter.Brand advertising revenues were US$16 million, down 29% year-over-year and 20% quarter-over-quarter.Online game revenues were US$118 million, down 9% year-over-year and up 3% quarter-over-quarter.GAAP net loss attributable
BEIJING, May 6, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its first quarter 2024 unaudited financial results on Monday, May 20, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, May 20, 2024 (7:30 p.m. Beijing/Hong Kong time, May 20, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led to the conference
BEIJING, March 18, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, announced that the Company today filed with the Securities and Exchange Commission its Annual Report on Form 20-F for the fiscal year ended December 31, 2023. The Annual Report is available on the Company's investor relations website at http://investors.sohu.com. The Company will provide a hard copy of the Annual Report containing the audited consolidated financial statements of the Company, free of charge, to a shareholder or holder of the Company's American depositary shares upon written request. About Sohu Sohu.com Limited (NASD
BEIJING, March 4, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU) ("Sohu" or the "Company"), a leading Chinese online media, video, and game business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter Highlights[1] Total revenues were US$141 million, down 12% year-over-year and 3% quarter-over-quarter.Brand advertising revenues were US$20 million, down 30% year-over-year and 9% quarter-over-quarter.Online game revenues were US$115 million, down 5% year-over-year and 2% quarter-over-quarter.GAAP n
BEIJING, Feb. 20, 2024 /PRNewswire/ -- Sohu.com Limited (NASDAQ:SOHU), a leading Chinese online media, video and game business group, will report its fourth quarter and fiscal year 2023 unaudited financial results on Monday, March 4, 2024, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, March 4, 2024 (8:30 p.m. Beijing/Hong Kong time, March 4, 2024) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be
6-K - Sohu.com Ltd (0001734107) (Filer)
6-K - Sohu.com Ltd (0001734107) (Filer)
6-K - Sohu.com Ltd (0001734107) (Filer)
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U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 150 points on Monday. The Dow traded down 0.43% to 39,831.18 while the NASDAQ rose 0.53% to 16,775.01. The S&P 500 also rose, gaining, 0.09% to 5,307.88. Check This Out: Top 3 Financial Stocks That Are Set To Fly This Quarter Leading and Lagging SectorsInformation technology shares rose by 1.3% on Monday. In trading on Monday, financial shares fell by 0.7%. Top Headline Shares of Sohu.com Limited (NASDAQ:SOHU) edged higher on Monday after the company reported its results for the fiscal first quarter of 2024. Sohu.com reported a revenue decline of 14% year-over-year to $139.4 m
Sohu.com Limited (NASDAQ: SOHU) reported a revenue decline of 14% year-over-year to $139.4 million for the fiscal first quarter of 2024. Revenue was down by 1% Q/Q. The Chinese internet company's adjusted loss per ADS was $(0.65), missing the analyst consensus loss estimate of $(0.49). Brand advertising revenues declined 29% Y/Y to $16 million. Online game revenues decreased 9% Y/Y to $118 million. The adjusted gross margin improved by 200 bps Y/Y to 77% and by 100 bps Q/Q. The adjusted gross margin for online games was 88% versus 85% last year and 87% in the prior quarter. Sohu held $1.3 billion in cash and equivalents as of March-end. Average monthly active user accounts f
Business Outlook For the second quarter of 2024, Sohu estimates: Brand advertising revenues to be between US$18 million and US$20 million; this implies an annual decrease of 16% to 25%, and a sequential increase of 12% to 24%. Online game revenues to be between US$133 million and US$143 million; this implies an annual increase of 12% to 21%, and a sequential increase of 13% to 21%. Non-GAAP net loss attributable to Sohu.com Limited to be between US$27 million and US$37 million; and GAAP net loss attributable to Sohu.com Limited to be between US$30 million and US$40 million. For the second quarter 2024 guidance, the Company has adopted a presumed exchange rate of RMB7.10=US$1.00, as
For PC games, total average monthly active user accounts[3] (MAU) were 2.3 million, an increase of 5% year-over-year and a decrease of 1% quarter-over-quarter. Total quarterly aggregate active paying accounts[4] (APA) were 0.9 million, an increase of 1% year-over-year and 3% quarter-over-quarter. For mobile games, total average MAU were 2.8 million, an increase of 71% year-over-year and 63% quarter-over-quarter. The year-over-year and quarter-over-quarter increases in MAU were mainly from Haikyu!!FLY HIGH that we launched in Japan and South Korea during the quarter. Total quarterly APA were 0.3 million, flat year-over-year and a decrease of 2% quarter-over-quarter.
Sohu.com (NASDAQ:SOHU) reported quarterly losses of $(0.65) per share which missed the analyst consensus estimate of $(0.49) by 32.65 percent. This is a 75.68 percent decrease over losses of $(0.37) per share from the same period last year. The company reported $139.390 million in sales this quarter. This is a 13.85 percent decrease over sales of $161.793 million the same period last year.
As of April 8, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Townsquare Media, Inc. (NYSE:TSQ) On March 15, Townsquare Media posted upbeat quarterl
Companies Reporting Before The Bell • Sohu.com (NASDAQ:SOHU) is estimated to report earnings for its fourth quarter. • Avadel Pharmaceuticals (NASDAQ:AVDL) is projected to report quarterly loss at $0.29 per share on revenue of $18.11 million. • LENSAR (NASDAQ:LNSR) is expected to report quarterly loss at $0.22 per share on revenue of $12.00 million. • Sea (NYSE:SE) is projected to report quarterly loss at $0.27 per share on revenue of $3.53 billion. • Global Ship Lease (NYSE:GSL) is estimated to report quarterly earnings at $2.35 per share on revenue of $172.02 million. • Modiv Industrial (NYSE:MDV) is likely to report earnings for its fourth quarter. • GEO Group (NYSE:GEO) is estimat
Business Outlook For the first quarter of 2024, Sohu estimates: Brand advertising revenues to be between US$15 million and US$17 million; this implies an annual decrease of 25% to 33%, and a sequential decrease of 16% to 26%. Online game revenues to be between US$110 million and US$120 million; this implies an annual decrease of 7% to 15%, and a sequential decrease of 4% to a sequential increase of 5%. Non-GAAP net loss attributable to Sohu.com Limited to be between US$23 million and US$33 million; and GAAP net loss attributable to Sohu.com Limited to be between US$26 million and US$36 million. For the first quarter 2024 guidance, the Company has adopted a presumed exchange rate of
Fourth Quarter 2023 Operating Results For PC games, total average monthly active user accounts[4] (MAU) were 2.3 million, an increase of 2% year-over-year and 4% quarter-over-quarter. Total quarterly aggregate active paying accounts[5] (APA) were 0.9 million, a decrease of 4% year-over-year and 9% quarter-over-quarter. The quarter-over-quarter decrease in APA was mainly a result of fewer in-game promotional activities having been launched for TLBB PC during the quarter. For mobile games, total average MAU were 1.7 million, a decrease of 4% year-over-year and 26% quarter-over-quarter. Total quarterly APA were 0.3 million, a decrease of 14% year-over-year and 25% quarter-over-quarter. T