— 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.
Most Popular
IPO News: Monte Rosa Therapeutics will go public this week, here are a few things to know
Biotechnology company Monte Rosa Therapeutics is slated to go public this week. In a pandemic-ridden world, this industry is expanding at a healthy pace. The global biotechnology market is estimated
IPO News: What to look for when Elevation Oncology makes its Wall Street debut
The healthcare sector is going through a phase of consolidation, creating fresh opportunities for emerging companies in a market that is slowly recovering from the pandemic. Several pharmaceuticals firms have
American Airlines (AAL): Here’s what may or may not work for this airline stock
Shares of American Airlines Group (NASDAQ: AAL) have gained 42% since the beginning of this year and 50% over the past 12 months. Despite this, there is a mixed sentiment
