Sohu.com Aktie

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WKN: 502687 / ISIN: US83408W1036

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01.02.2019 07:17:32

Sohu.com Sees Loss In Q1 - Quick Facts

(RTTNews) - Sohu.com Inc. (SOHU), a Chinese online media, search, gaming, community and mobile service group, while announcing its fourth-quarter results, said it expects first-quarter attributable net loss to be between $55 million and $65 million, and loss per ADS to be between $1.40 and $1.65.

Adjusted attributable net loss is expected to be between $50 million and $60 million, and adjusted loss per ADS is expected to be between $1.30 and $1.55.

For the first quarter, Sohu estimates total revenues to be between $390 million and $415 million.

On average, analysts polled by Thomson Reuters expect loss of $1.32 per ADS on revenues of $473.84 million.

For the quarter, the company expects Brand advertising revenues to be between $45 million and $50 million; this implies an annual decrease of 11% to 20%.

Sogou revenues are expected to be between $231 million and $241 million; this implies an annual decrease of 3% to 7%.

Online game revenues would be between $80 million and $90 million; this implies an annual decrease of 15% to 24% and a sequential decrease of 4% to 15%.

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