Brief: Sohu.Com Reports Q4 Revenue Of $482 Million

Sohu.com

01/02/2019 05:38

Feb 1 (Reuters) - Sohu.com Ltd  SOHU.O :
    * SOHU.COM REPORTS FOURTH QUARTER AND FISCAL YEAR 2018
UNAUDITED
FINANCIAL RESULTS
    * Q4 REVENUE $482 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$473.8
MILLION
    * SEES Q1 2019 REVENUE $390 MILLION TO $415 MILLION
    * QTRLY BRAND ADVERTISING REVENUES WERE US$57 MILLION, DOWN
20%
YEAR-OVER-YEAR AND FLAT QUARTER-OVER-QUARTER.
    * QTRLY GAAP NET INCOME ATTRIBUTABLE TO SOHU.COM LIMITED FOR
Q4 OF
2018 WAS US$15 MILLION, OR US$0.37 INCOME PER FULLY-DILUTED ADS
    * NON-GAAP NET LOSS ATTRIBUTABLE TO SOHU.COM LIMITED FOR Q4
OF
2018 WAS US$59 MILLION, OR US$1.50 LOSS PER FULLY-DILUTED ADS,
    * SEES Q1 BRAND ADVERTISING REVENUES TO BE BETWEEN US$45
MILLION
AND US$50 MILLION
    * SEES Q1 SOGOU REVENUES TO BE BETWEEN US$231 MILLION AND
US$241
MILLION
    * QTRLY ONLINE GAME REVENUES WERE US$94 MILLION, DOWN 14%
YEAR-OVER-YEAR AND 2% QUARTER-OVER-QUARTER.
    * SEES Q1 ONLINE GAME REVENUES TO BE BETWEEN US$80 MILLION
AND
US$90 MILLION
    * SEES Q1 NON-GAAP LOSS PER FULLY-DILUTED ADS TO BE BETWEEN
US$1.30 AND US$1.55
    * SEES Q1 GAAP LOSS PER FULLY-DILUTED ADS TO BE BETWEEN
US$1.40
AND US$1.65.

Source text for Eikon:  ID:nPn74RH4sa 
Further company coverage:  SOHU.O 

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