BEIJING (AP) _ Sohu.com Limited (SOHU) on Friday reported first-quarter net income of $49.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Beijing-based company said it had profit of $1.24. Earnings, adjusted to account for discontinued operations, were 80 cents per share.

The operator of a popular Chinese Web portal posted revenue of $222.1 million in the period.

Sohu.com shares have increased 7% since the beginning of the year. The stock has more than doubled in the last 12 months.

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