Sohu.com Q2 Adj. EPADS $(1.05) Down From $(0.52) YoY, Sales $172.33M Up From $152.09M YoY
Portfolio Pulse from Benzinga Newsdesk
Sohu.com (NASDAQ:SOHU) reported Q2 adjusted EPADS of $(1.05), a 101.92% decrease from $(0.52) YoY. Sales increased by 13.31% to $172.33M from $152.09M YoY.
August 05, 2024 | 5:07 am
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Sohu.com reported a significant increase in quarterly losses, with adjusted EPADS of $(1.05) compared to $(0.52) YoY. However, sales increased by 13.31% to $172.33M.
The significant increase in losses (101.92% YoY) is likely to negatively impact investor sentiment in the short term, despite the 13.31% increase in sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100