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home / articles / what s going on with chinese internet company sohu s mwn benzinga

SOHU - What's Going On With Chinese Internet Company Sohu Stock After Q1 Print? | Benzinga

Sohu.com Limited

Sohu.com Limited (NASDAQ: SOHU) reported a revenue decline of 14% year-over-year to $139.4 million for the fiscal first quarter of 2024. Revenue was down by 1% Q/Q.

The Chinese internet company's adjusted loss per ADS was $(0.65), missing the analyst consensus loss estimate of $(0.49). 

Brand advertising revenues declined 29% Y/Y to $16 million. Online game revenues decreased 9% Y/Y to $118 million.

The adjusted gross margin improved by 200 ...

Full story available on Benzinga.com
Stock Information
Company Name: Sohu.com Limited
Stock Symbol: SOHU
Market: NASDAQ
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