Market Overview

Recap: Sohu.com Q2 Earnings

Share:

Shares of Sohu.com (NASDAQ:SOHU) decreased 3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 121.26% over the past year to $0.27.

Revenue of $421,064,000 decreased by 11.31% from the same period last year, which missed the estimate of $433,410,000.

Looking Ahead

Sohu.com hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 10, 2020

Time: 07:30 AM

ET Webcast URL: https://apac.directeventreg.com/der/toRegistration.action

Technicals

Company's 52-week high was at $25.71

52-week low: $5.41

Price action over last quarter: Up 172.28%

Company Profile

Sohu.com Ltd is engaged in providing of search engines and developing of online games. The company has three operating segments namely Sohu, Sogou, and Changyou segment. Sogou provides Search and Search related business, It includes Sogou Search, Sogou Input Method, Recommendation service, Sogou Browser, Sogou Web Directory, Sogou Translation. Sogou generates revenue primarily from its search and search-related advertising services. Changyou provides games through personal computers and mobile devices, such as mobile phones and tablets, connected to the Internet. Changyou's platform channel business consists primarily of the operation of the 17173.com. Sohu's main business is the brand advertising business. It generates maximum revenue from the Sogou segment.

 

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Posted-In: Earnings News