Categories Earnings, Technology

Sohu.com (SOHU): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

—  Sohu.com Limited (NASDAQ: SOHU) reported earnings of $0.17 per share in the fourth quarter of 2019, vs $0.38 per share loss expected.

— Q4 revenue rose 5% to $490 million, vs. $476.5 million expected. The topline was diven by a 40% jump in online gaming revenues. Search and search related advertising revenues were $275 million, down 1% YoY.

— For the first quarter of 2020, the company expects rotal revenues to be between $400 million and $435 million. Adjusted net loss attributable to Sohu.com Limited is projected between $0.65 and $0.90 per share.

— SOHU shares ended their last trading session down over 5% on Friday. 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Also Read:  Major earnings conferences to watch this week

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