Brief: Sohu.Com Reports Fourth Quarter Revenue $193 Mln

Sohu.com

22/02/2022 05:07

Feb 22 (Reuters) - Sohu.com Ltd  SOHU.O :
    * SOHU.COM REPORTS FOURTH QUARTER AND FISCAL YEAR 2021
UNAUDITED
FINANCIAL RESULTS
    * Q4 TOTAL REVENUES WERE US$193 MILLION, DOWN 24%
YEAR-OVER-YEAR
AND 11% QUARTER-OVER-QUARTER
    * Q4 ONLINE GAME REVENUES WERE US$144 MILLION, DOWN 27%
YEAR-OVER-YEAR AND 14% QUARTER-OVER-QUARTER
    * SOHU.COM - DURING Q4 2021 AND FOR WHOLE YEAR, FACED
ONGOING
SIGNIFICANT CHALLENGES FROM MACROECONOMIC
ENVIRONMENT,UNCERTAINTIES OF COVID-19 PANDEMIC
    * Q4 NET INCOME OF US$0.09 PER FULLY-DILUTED ADS
    * QTRLY NON-GAAP NET INCOME US$0.01 PER FULLY-DILUTED ADS
    * FOR Q1 OF 2022, SOHU ESTIMATES BRAND ADVERTISING REVENUES
TO BE
BETWEEN US$23 MILLION AND US$26 MILLION
    * SEES Q1 2022 GAAP NET LOSS ATTRIBUTABLE TO SOHU.COM
LIMITED TO
BE BETWEEN US$13 MILLION US$23 MILLION
    * SEES Q1 2022 ONLINE GAME REVENUES TO BE BETWEEN US$130
MILLION
AND US$140 MILLION
    * SEES Q1 2022 NON-GAAP NET LOSS ATTRIBUTABLE TO SOHU.COM
LIMITED
TO BE BETWEEN US$10 MILLION AND US$20 MILLION

Source text for Eikon:  ID:nPn7689hfa 
Further company coverage:  SOHU.O 

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