Sohu (SOHU) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sohu.com Limited, a major player in China’s online media and gaming, disclosed their unaudited financial figures for Q1 2024, showing a total revenue of $139 million, a year-over-year decrease of 14%. The net loss widened to $25 million compared to the previous year. Despite the dip in revenues and increased net losses, the company remains focused on enhancing user experience and monetization opportunities through events and campaign hosting.
For further insights into SOHU stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money