Dow Falls Over 150 Points; Sohu Posts Q1 Loss
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 150…
What’s Going On With Chinese Internet Company Sohu Stock After Q1 Print?
Sohu.com reported a 14% revenue decline YoY in Q1 2024, with a net loss of $(0.65) per ADS. The company expects a decrease in brand advertising revenue for Q2.
Sohu.Com For Q2 Expects Brand Advertising Revenues Of $18M-$20M Down 16%-25% YoY, Online Game Revenues $133M-$143M Up 12%-21% YoY; Sees Adjusted Net Loss Of $27M-$37M
Business Outlook
For the second quarter of 2024, Sohu estimates:
Brand advertising revenues to be between US$18 million and US$20 million; this implies an annual decrease of 16% to 25%, and a
Top 4 Tech & Telecom Stocks That May Crash In Q2
As of April 8, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
12 Communication Services Stocks Moving In Monday’s Intraday Session
Gainers NextPlay Technologies (NASDAQ:NXTP) shares increased by 213.8% to $2.84 during Monday’s regular session. The market value of…
12 Communication Services Stocks Moving In Tuesday’s Intraday Session
Gainers Direct Digital Holdings (NASDAQ:DRCT) shares increased by 28.0% to $5.17 during Tuesday’s regular session. As of 12:31…
Sohu.com Navigates Tough Quarter With Strategy Shift, Despite Drop In Game Revenue
Sohu.com Limited (NASDAQ: SOHU) reported a revenue decline of 22% year-over-year to $145.4 million for the third quarter of 2023. Revenue was down by 4% Q/Q.
Earnings Scheduled For November 13, 2023
Companies Reporting Before The Bell
• Sohu.com (NASDAQ:SOHU) is expected to report earnings for its third quarter.
• Dixie Gr (NASDAQ:DXYN) is estimated to report earnings for its third quarter.
Sohu.Com Expects 4Q23 Brand Advertising Revenues Of $20M-$23M; Online Game Revenues Of $106M-$116M; Sees Non-GAAP Net Loss Of $10M-$20M
For the fourth quarter of 2023, Sohu estimates:
Brand advertising revenues to be between US$20 million and US$23 million; this implies an annual decrease of 20% to 31%, and a sequential
Sohu.com’s Earnings: A Preview
Sohu.com (NASDAQ:SOHU) is set to give its latest quarterly earnings report on Monday, 2023-11-13. Here’s what investors need…