Sohu.com, Inc. (SOHU) Posts Smaller-than-Expected Q4 Loss
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Sohu.com Reports Fourth Quarter and Fiscal Year 2016 Unaudited Financial Results
February 21, 2017 12:26 AM ESTBEIJING, Feb. 21, 2017 /PRNewswire/ -- Sohu.com Inc. (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2016.
Fourth Quarter Highlights
Total revenues were US$412 million[1], down 12% year-over-year and flat quarter-over-quarter. Brand advertising revenues were US$99 million, down 30% year-over-year and 11% quarter-over-quarter. Sogou[2] revenues were US$172 million, up 4% year-over-year and 3% quarter-over-quarter. Online game revenues were US$95... More