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Sohu Shows Modest Improvement
Seeking Alpha· 2024-08-31 00:12
Chinese Top 2 portal websites wonry/iStock Unreleased via Getty ImagesA year ago, I analyzed the Chinese computer game manufacturer Sohu (NASDAQ:SOHU). At the time, I was quite pessimistic about the company's future prospects. Although the company is still struggling in my opinion, there are some promising signs of improvement. The number of users of the company's mobile games has increased significantly, and this gives hope that the company's business model could become profitable in the future. Q2 resu ...
SOHU.COM REPORTS SECOND QUARTER 2024 UNAUDITED FINANCIAL RESULTS
Prnewswire· 2024-08-05 13:00
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 HighlightsTotal 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% y ...
Sohu.com to Report Second Quarter 2024 Financial Results on August 5, 2024
Prnewswire· 2024-07-22 13:00
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 PreregistrationParticipants can reg ...
Sohu.com (SOHU) Up 8.3% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-06-20 00:31
It has been about a month since the last earnings report for Sohu.com (SOHU) . Shares have added about 8.3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sohu.com due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Sohu Incurs Wider-Than-Expected Loss in Q1 on Lower ...
Sohu.com(SOHU) - 2024 Q1 - Earnings Call Transcript
2024-05-20 23:30
财务数据和关键指标变化 - 第一季度总收入为1.39亿美元,同比下降14%,环比下降1% [10] - 品牌广告收入为1.6亿美元,同比下降29%,环比下降20% [10] - 在线游戏收入为1.18亿美元,同比下降9%,环比增长3% [10] - 公司GAAP净亏损为2500万美元,上年同期为1800万美元,上季度为1300万美元 [11] - 公司非GAAP净亏损为2200万美元,上年同期为1300万美元,上季度为1100万美元 [12] 各条业务线数据和关键指标变化 搜狐媒体和搜狐视频 - 继续优化产品、升级算法、提升用户体验 [13] - 深度整合搜狐新闻和搜狐视频应用,提升内容生产和分发 [13] - 举办线下活动和运营线上俱乐部,用户指标和互动持续增加 [14][15] - 成功举办搜狐视频2024年春季大会,进一步激发了主播的热情和平台活跃度 [15] - 推出2024年搜狐视频K-pop大师课,吸引大量K-pop粉丝参与 [15] - 举办多个推广中国传统文化和习俗的活动,获得广泛关注和认可 [15] - 将"张老师物理课"整合到2024年北京国际车展,扩大品牌影响力和增加变现能力 [16] - 采用线上直播展会的新方式,如"2024年中国家电及消费电子博览会",提升广告主营销效果 [16][17] 在线游戏业务 - 游戏收入符合预期,推出多个节假日和促销活动 [18] - 升级TLBB手游的模拟游戏玩法,受到玩家欢迎 [18] - 为TLBB手游推出新年版本更新,优化各职业技能,用户参与度稳定 [18] - 下季度将为TLBB系列和其他游戏推出新的版本更新 [19] - 在中国大陆推出新的授权卡牌RPG游戏"新西游记",目前表现符合预期 [19] - 将继续专注于MMORPG游戏,同时也在开发卡牌RPG、体育游戏等多种类型 [20][21] 各个市场数据和关键指标变化 - 无相关内容 公司战略和发展方向及行业竞争 - 随着游戏技术的快速发展和市场需求的深化,将创新地探索满足玩家需求的新方式 [20] - 将继续投资于专业人才培养、内容和技术创新,推出更多高品质游戏 [20] - 将保持在MMORPG游戏领域的核心竞争力,同时也在开发多种类型游戏 [21] 管理层对经营环境和未来前景的评论 - 宏观经济环境仍存在较大不确定性,广告行业整体谨慎 [33][47][50] - 部分行业如快消品、电动车等出现一定恢复,但消费者整体支出意愿仍偏弱 [47][48] - 房地产政策调整对广告市场影响有限,消费者收入水平未见明显改善 [49][50] - 旅游行业有所回暖,但整体广告市场仍较为谨慎 [50] 问答环节重要的提问和回答 问题1 **Thomas Chong 提问** - 广告业务在未来几个季度的表现预期 [31] - 第二季度在线游戏收入增长主要来源 [32] - 未来一年的股票回购计划 [32] **Charles Zhang 回答** - 宏观环境仍存在不确定性,广告收入同比仍将下降,但环比有所改善 [33] - 第二季度在线游戏收入增长主要来自新推出的授权游戏和手游新版本 [34][35][36][37] - 计划在未来2年内完成150亿美元的股票回购计划,受每日交易量限制 [33][38] 问题2 **Alicia Yap 提问** - 第二季度净亏损指引高于第一季度的原因 [40] - 最近3个月股票回购进度 [41] - 广告行业近期恢复情况 [47] **Charles Zhang/Joanna Lv 回答** - 第二季度净亏损主要由于新游戏推广费用增加 [43][44][45][46] - 最近3个月回购5亿美元,受每日交易量限制 [41][42] - 部分行业如快消品、电动车有所恢复,但整体广告市场仍谨慎 [47][48][49][50]
SOHU Incurs Wider-Than-Expected Loss in Q1 on Lower Revenues
zacks.com· 2024-05-20 21:51
Sohu.com Limited (SOHU) reported soft first-quarter 2024 results, with the bottom line missing the Zacks Consensus Estimate. 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 $25 million or a loss of 76 ...
Sohu.com(SOHU) - 2024 Q2 - Quarterly Report
2024-05-20 18:58
Exhibit 99.1 SOHU.COM REPORTS FIRST QUARTER 2024 UNAUDITED FINANCIAL RESULTS BEIJING, May 20, 2024 –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% quart ...
SOHU.COM REPORTS FIRST QUARTER 2024 UNAUDITED FINANCIAL RESULTS
prnewswire.com· 2024-05-20 13:00
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% ...
Sohu.com to Report First Quarter 2024 Financial Results on May 20, 2024
Prnewswire· 2024-05-06 13:00
搜狐财报发布 - 搜狐将于2024年5月20日发布2024年第一季度未经审计的财务业绩[1] - 搜狐管理团队将于同一天在美国东部时间2024年5月20日上午7:30举行电话会议[2] - 参与者可以通过点击链接注册电话会议,会收到拨入号码和独特访问PIN码[3] - 电话会议的直播和存档将在搜狐的投资者关系网站上提供[4]
Sohu.com (SOHU) Up 10% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-04-04 00:31
A month has gone by since the last earnings report for Sohu.com (SOHU) . Shares have added about 10% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sohu.com due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Sohu Q4 Loss Narrower Than Expected Despite Revenue Decline ...