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Sohu.com Inc. Reports Drop In Q1 Income

Sohu.com Inc. (SOHU) released earnings for first quarter that decreased from last year

The company's earnings totaled $2.67 million, or $0.07 per share. This compares with $49.20 million, or $1.24 per share, in last year's first quarter.

Excluding items, Sohu.com Inc. reported adjusted earnings of $9.45 million or $0.26 per share for the period.

The company's revenue for the quarter fell 12.9% to $193.42 million from $222.09 million last year.

Sohu.com Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $2.67 Mln. vs. $49.20 Mln. last year.
-EPS (Q1): $0.07 vs. $1.24 last year.
-Revenue (Q1): $193.42 Mln vs. $222.09 Mln last year.

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