Brief: Sohu.Com Says Q2 Revenue Fell 9% To $421 Million

Sohu.com

10/08/2020 06:37

Aug 10 (Reuters) - Sohu.com Ltd  SOHU.O :
    * SOHU.COM REPORTS SECOND QUARTER 2020 UNAUDITED FINANCIAL
RESULTS
    * Q2 REVENUE FELL 9 PERCENT TO $421 MILLION
    * QTRLY BASIC NET LOSS PER ADS ATTRIBUTABLE TO SOHU.COM
LIMITED
$2.04
    * SEES Q3 2020 (ADDS PERIOD) BRAND ADVERTISING REVENUES TO
BE
BETWEEN US$37 MILLION AND US$42 MILLION
    * SEES Q3 ONLINE GAME REVENUES TO BE BETWEEN US$85 MILLION
AND
US$95 MILLION
    * SEES Q3 2020 GAAP NET LOSS ATTRIBUTABLE TO SOHU.COM
LIMITED TO
BE BETWEEN US$15 MILLION AND US$25 MILLION.
    * SEES Q3 2020 NON-GAAP NET LOSS ATTRIBUTABLE TO SOHU.COM
LIMITED
TO BE BETWEEN US$10 MILLION AND US$20 MILLION
    * QTRLY NON-GAAP NET LOSS ATTRIBUTABLE TO SOHU.COM FOR
SECOND
QUARTER WAS US$1.96 PER FULLY-DILUTED ADS

Source text for Eikon: [ID: nPn26k1sca]
Further company coverage:  SOHU.O 

 ((Reuters.Briefs@thomsonreuters.com;))