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.
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