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home / news releases / SOHU - Sohu Sets Stage For Potential NY Exit With Return To Profitability

SOHU - Sohu Sets Stage For Potential NY Exit With Return To Profitability

Sohu.com Limited
  • Internet stalwart reports its third consecutive quarterly profit, paving the way for its first profitable year since 2015.
  • Sohu’s sale of its underperforming Sogou search engine has allowed it to return to profitability after years of losses.
  • The Sogou sale has halved Sohu’s revenue and could set the stage for a sale of the company or a management-led buyout and delisting from New York.

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Sohu Sets Stage For Potential NY Exit With Return To Profitability
Stock Information
Company Name: Sohu.com Limited
Stock Symbol: SOHU
Market: NASDAQ
Website: sohu.com
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