Sohu.com Limited Provides Earnings Guidance for the Fourth Quarter of 2020
November 16, 2020 at 12:31 am EST
Sohu.com Limited provided earnings guidance for the fourth quarter of 2020. For the quarter, the company estimates Brand advertising revenues to be between USD 37 million and USD 42 million; this implies an annual decrease of 11% to an annual increase of 1% and a sequential decrease of 10% to a sequential increase of 2%. Online game revenues to be between USD 140 million and USD 150 million; this implies an annual increase of 6% to 14% and a sequential increase of 38% to 48%. GAAP net income from continuing operations attributable to Sohu.com Limited to be between USD 10 million and USD 20 million.