Streetbeat News

SOHU

Sohu.com Limited

https://www.sohu.com

Industry

Electronic Gaming & Multimedia

Sohu.com Limited provides online media, video, and game products and services on PCs and mobile devices in China. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, and ifox, a PC video application. The company is also involved in the development, operation, and licensing of online games for PCs and mobile devices, which include massive multiplayer online role-playing games, and casual and strategy games. In addition, it operates focus.cn, which provides online real estate information and services; and 17173.com website, which provides news, electronic forums, online videos, and other online game information services to game players, as well as offers mobile game distribution services. Further, the company provides paid subscription services, interactive broadcasting services, and sub-licensing of purchased video content to third parties. Sohu.com Limited was incorporated in 1996 and is headquartered in Beijing, China.

Open

14.26

Mkt cap

464M

Volume

64K

High

14.44

P/E Ratio

-6.50

52-wk high

17.24

Low

13.95

Div yield

N/A

52-wk low

7.80

Sohu.com (NASDAQ:SOHU) reported Q1 2024 adjusted EPS of $(0.65), missing the $(0.49) estimate, and sales of $139.390M, down from $161.793M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:06 am

Four stocks in the communication services sector, Townsquare Media, Inc. (TSQ), Sohu.com Limited (SOHU), So-Young International Inc. (SY), and MediaCo Holding Inc. (MDIA), are considered overbought according to their RSI values, indicating potential short-term performance issues. Recent company developments and stock movements are highlighted, with TSQ and SOHU posting positive financial results, SY showing strong earnings, and MDIA experiencing a significant stake acquisition by Standard General L.P.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 6:40 pm

The board of Sohu.Com has authorized an increase in its previously announced share repurchase program, raising the limit from up to $80 million to up to $150 million of its outstanding American Depositary Shares (ADSs).

Portfolio Pulse from Charles Gross

March 04, 2024 | 11:59 am

Earnings reports for March 4, 2024, include a mix of expected losses and gains across various sectors. Notable companies like Sea, Global Ship Lease, and Stitch Fix are among those reporting, with projections ranging from significant losses to substantial earnings per share. This diverse earnings landscape provides insights into different industry performances.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:53 am

Sohu.com Limited reported its Q4 2023 operating results, showing a mixed performance in its gaming division. PC games MAU increased by 2% YoY to 2.3 million, while mobile games MAU decreased by 4% YoY to 1.7 million. The decrease in mobile games was attributed to the natural decline of older games, partially offset by the launch of New TLBB Mobile. However, both PC and mobile games saw a decrease in active paying accounts, with PC games APA down 4% YoY and mobile games APA down 14% YoY.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:44 am

Sohu.com reported Q4 adjusted EPS of $(0.32), surpassing the $(0.59) estimate, marking a significant improvement. However, sales fell to $141.36M from $160.40M YoY, indicating a decrease in revenue.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:40 am

Sohu.com (NASDAQ:SOHU) is scheduled to release its quarterly earnings report on Monday, 2024-03-04, with analysts expecting an EPS of $-0.59. The company's past earnings performance shows a mixed pattern of beating and missing EPS estimates, with share price reactions varying accordingly. Shares of Sohu.com have declined 38.63% over the last 52 weeks, indicating a negative sentiment among long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 2:01 pm

During Monday's intraday session, several communication services stocks experienced significant movements. NextPlay Technologies (NXTP) saw a dramatic increase of 213.8%, while NetEase (NTES) led the losers with a 16.0% drop. Other notable gainers include Society Pass (SOPA), Asset Entities (ASST), Brera Holdings (BREA), Oriental Culture Holding (OCG), and System1 (SST). On the losing side, HUYA (HUYA), AdTheorent Holding (ADTH), Gamer Pakistan (GPAK), LQR House (LQR), and Sohu.com (SOHU) also saw declines.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:30 pm

Several communication services stocks experienced significant movements in Tuesday's intraday session. Direct Digital Holdings (DRCT) saw a 28% increase, Kore Group Holdings (KORE) rose by 27.72%, Sohu.com (SOHU) went up by 22.08%, and Cardlytics (CDLX) increased by 16.53%, all following their Q3 earnings reports. Ucloudlink Group (UCL) and Super League Enterprise (SLE) also saw gains. Conversely, LQR House (LQR), Innovid (CTV), Lytus Technologies Hldgs (LYT), Cheer Holding (CHR), iHeartMedia (IHRT), and Asset Entities (ASST) experienced declines, with some also reacting to their Q3 earnings.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 5:31 pm

Sohu.com Limited (NASDAQ: SOHU) reported a 22% Y/Y revenue decline to $145.4 million for Q3 2023, with a larger than expected adjusted loss per ADS of 30 cents. Brand advertising and online game revenues fell 14% and 21% Y/Y, respectively. Despite this, the adjusted gross margin improved to 76%. The company has $1.4 billion in cash and equivalents. Monthly active users for PC games rose 3% Y/Y, while mobile games saw a 9% Y/Y decline. The company's 'Twin Engine' strategy focuses on short-form content and live broadcasts. Q4 outlook anticipates further declines in brand advertising and online game revenues, with an adjusted net loss projected between $10 million and $20 million. SOHU shares increased by 5.84% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 13, 2023 | 12:28 pm

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