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UPDATE: Sohu Q3 Profit Drops 20%

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Sohu.com (NASDAQ: SOHU) reported a 20% drop in its third-quarter profit.

Sohu's quarterly earnings declined to $41 million, from $51.5 million, in the year-ago period.

Its revenue climbed 29% to $368 million.

Sohu expects Q4 revenue of $378 million to $390 million, versus analysts' estimates of $375.9 million.

Sohu shares tumbled 8.65% to $74.38 in pre-market trading.

Posted-In: profitEarnings News Guidance

 

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