SOHU - Sohu.com Navigates Tough Quarter With Strategy Shift Despite Drop In Game Revenue | Benzinga
Sohu.com Limited (NASDAQ: SOHU) reported a revenue decline of 22% year-over-year to $145.4 million for the third quarter of 2023. Revenue was down by 4% Q/Q.
The Chinese Internet company's adjusted loss per ADS was 30 cents, missing the consensus loss of 62 cents.
Brand advertising revenues declined 14% Y/Y to $22 million. Online game revenues decreased 21% Y/Y to $117 million, ...