Sohu.com Inc. (SOHU) reported fourth quarter net income attributable to Sohu.com of US$32.35 million or US$0.76 per share, compared to US$56.63 million or US$1.45 per share last year.
Non-GAAP net income attributable to Sohu was US$0.92 per share, compared to US$1.5 per share in the prior year quarter.
On average, 7 analysts polled by Thomson Reuters expected the company to report earnings of US$0.91 per share. Analysts' estimates typically exclude special items.
Total revenues grew to US$135.83 million from US$121.57 million in the same quarter a year earlier.
Eight analysts estimated revenues of US$137.40 million.
Moving ahead, Sohu estimates total revenues for the first quarter of 2010 to be between US$123.0 million and US$128.0 million, with advertising revenues of US$40.0 million to US$42.0 million.
Sohu estimates non-GAAP net income for the first quarter of 2010, before deducting the share of non-GAAP net income pertaining to the Non-Controlling Interest in Changyou, to be between US$45.0 million to US$47.5 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 first quarter of 2010 to be between US$31.0 million to US$33.0 million and non-GAAP earnings per share for the first quarter of 2010 to be between US 78 cents and US 83 cents.
Analysts expect the company to earn US$0.88 per share, on revenues of US$139.93 million.
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