SOHU.COM REPORTS THIRD QUARTER 2024 UNAUDITED FINANCIAL RESULTS
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Sohu.com Limited reported its unaudited financial results for Q3 2024, with total revenues of $152 million, marking a 5% increase year-over-year but a 12% decrease quarter-over-quarter.
November 12, 2024 | 5:15 am
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Sohu.com Limited's Q3 2024 financial results show a 5% year-over-year revenue increase but a 12% quarter-over-quarter decrease, indicating mixed performance.
The 5% year-over-year increase in revenues suggests growth compared to the previous year, which is positive. However, the 12% quarter-over-quarter decline indicates a potential slowdown or seasonal impact, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100