SOHU - Sohu.com Non-GAAP EPADS of -$0.50 revenue of $185M

• Sohu.com press release ( NASDAQ: SOHU ): Q3 Non-GAAP EPADS of -$0.50.
• Revenue of $185M (-14.4% Y/Y).
• Both GAAP and non-GAAP gross margin were 71%, compared with 74% in the third quarter of 2021 and 73% in the second quarter of 2022.
• For the fourth quarter of 2022, Sohu estimates : Brand advertising revenues to be between $25 million and $28 million; this implies an annual decrease of 17% to 26%, and a sequential decrease of 3% to a sequential increase of 9%.
• Online game revenues to be between $118 million and  $128 million; this implies an annual decrease of 11% to 18%, and a sequential decrease of 14% to 21%.
• Non-GAAP net loss attributable to Sohu.com Limited to be between $10 million and $20 million; and GAAP net loss attributable to Sohu.com Limited to be between $13 million and $23 million.

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