LOGO
LOGO

Sohu.com Q3 Profit Declines; Guides Q4 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Sohu.com Inc. (SOHU) reported third quarter net income attributable to Sohu.com of $37.35 million or $0.88 per share, compared to $40.26 million or $1.02 per share last year.

On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $.89 per share. Analysts' estimates typically exclude special items.

Total revenues grew to $136.59 million from $120.68 million in the prior year quarter. Thirteen analysts expected revenues of $136.36 million.

Moving ahead, Sohu estimates total revenues for the fourth quarter of 2009 to be between $134.5 million and $138.5 million, with advertising revenues of $48.0 million to $50.0 million.

Sohu estimates non-GAAP net income for the fourth quarter of 2009, before deducting the share of non-GAAP net income pertaining to the Non-Controlling Interest in Changyou, to be between US$49.5 million to US$51.5 million. After deducting the share of non-GAAP net income pertaining to the Non-Controlling Interest in Changyou, Sohu estimates non-GAAP net income for the fourth quarter of 2009 to be between US$35.0 million to US$37.0 million and non-GAAP fully diluted earnings per share for the fourth quarter of 2009 to be between 90 cents and 95 cents.

Analysts expect the company to earn $0.99 per share, on revenues of $140.77 million.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.

RELATED NEWS