Board Change • Apr 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: US$13.96 (vs US$3.13 loss in FY 2024) Full year 2025 results: EPS: US$13.96 (up from US$3.13 loss in FY 2024). Revenue: US$584.3m (down 2.4% from FY 2024). Net income: US$394.1m (up US$494.4m from FY 2024). Profit margin: 67% (up from net loss in FY 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Feb 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Large one-off items impacting financial results. Board Change • Feb 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 30
Sohu.com Limited to Report Q4, 2025 Results on Feb 09, 2026 Sohu.com Limited announced that they will report Q4, 2025 results Pre-Market on Feb 09, 2026 New Risk • Nov 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 155% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 155% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Announcement • Nov 17
Sohu.com Limited Provides Earnings Guidance for the Fourth Quarter of 2025 Sohu.com Limited provided earnings guidance for the fourth quarter of 2025. For the fourth quarter of 2025, Sohu estimates: Marketing services revenues to be between USD 15 million and USD 16 million; this implies an annual decrease of 15% to 20%, and a sequential increase of 10% to 18%. online game revenues to be between USD 113 million and USD 123 million; this implies an annual increase of 3% to 12%, and a sequential decrease of 24% to 30%. Both non-GAAP and GAAP net loss attributable to Sohu.com Limited to be between USD 25 million and USD 35 million. Board Change • Nov 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 07
Sohu.com Limited to Report Q3, 2025 Results on Nov 17, 2025 Sohu.com Limited announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 17, 2025 Board Change • Oct 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 08
Sohu.com Limited, Annual General Meeting, Sep 10, 2025 Sohu.com Limited, Annual General Meeting, Sep 10, 2025, at 10:00 China Standard Time. Location: level 2, sohu.com media plaza, block 3, no. 2 kexueyuan south road, haidian district, beijing, China Reported Earnings • Aug 04
First quarter 2025 earnings released: EPS: US$6.07 (vs US$0.76 loss in 1Q 2024) First quarter 2025 results: EPS: US$6.07 (up from US$0.76 loss in 1Q 2024). Revenue: US$135.6m (down 2.7% from 1Q 2024). Net income: US$182.2m (up US$207.1m from 1Q 2024). Revenue is expected to decline by 3.9% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Europe are expected to grow by 6.9%. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Board Change • Aug 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 04
Sohu.com Limited Provides Earnings Guidance for the Third Quarter of Fiscal Year 2025 Sohu.com Limited provided earnings guidance for the third quarter of fiscal year 2025. Marketing services revenues to be between USD 14 million and USD 15 million; this implies an annual decrease of 20% to 25%, and a sequential decrease of 4% to 10%. Online game revenues to be between USD 107 million and USD 117 million; this implies an annual decrease of 8% to 16%, and a sequential increase of 1% to 10%. Announcement • Jul 25
Sohu.com Limited to Report Q2, 2025 Results on Aug 04, 2025 Sohu.com Limited announced that they will report Q2, 2025 results Pre-Market on Aug 04, 2025 Board Change • Jul 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 09
Sohu.com Limited to Report Q1, 2025 Results on May 19, 2025 Sohu.com Limited announced that they will report Q1, 2025 results Pre-Market on May 19, 2025 Board Change • Apr 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 16
Full year 2024 earnings released: US$3.13 loss per share (vs US$1.93 loss in FY 2023) Full year 2024 results: US$3.13 loss per share (further deteriorated from US$1.93 loss in FY 2023). Revenue: US$598.4m (flat on FY 2023). Net loss: US$100.3m (loss widened 52% from FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 7.8% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Board Change • Mar 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 18
Sohu.Com Limited Provides Earnings Guidance for the First Quarter of 2025 Sohu.com Limited provided earnings guidance for the first quarter of 2025. Brand advertising revenues to be between USD 13 million and USD 14 million; this implies an annual decrease of 13% to 19%, and a sequential decrease of 26% to 31%. Online game revenues to be between USD 105 million and USD 115 million; this implies an annual decrease of 2% to 11%, and a sequential decrease of 4% to a sequential increase of 5%. Announcement • Feb 07
Sohu.com Limited to Report Q4, 2024 Results on Feb 18, 2025 Sohu.com Limited announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 18, 2025 Reported Earnings • Nov 14
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: US$152.0m (up 4.5% from 3Q 2023). Net loss: US$16.3m (loss widened 16% from 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Entertainment industry in Europe. Announcement • Nov 12
Sohu.com Limited Provides Preliminary Earnings Guidance for the Fourth Quarter of 2024 Sohu.com Limited provided preliminary earnings guidance for the fourth quarter of 2024. For the quarter, the company expects brand advertising revenues to be between USD 17 million and USD 19 million; this implies an annual decrease of 6% to 16%, and a sequential decrease of 9% to a sequential increase of 2%. Online game revenues to be between USD 97 million and USD 107 million; this implies an annual decrease of 7% to 15%, and a sequential decrease of 16% to 24%. GAAP net loss attributable to the company to be between USD 30 million and USD 40 million. This forecast reflects Sohu's management's current and preliminary view, which is subject to substantial uncertainty. Announcement • Oct 29
Sohu.com Limited to Report Q3, 2024 Results on Nov 12, 2024 Sohu.com Limited announced that they will report Q3, 2024 results Pre-Market on Nov 12, 2024 Announcement • Aug 09
Sohu.com Limited, Annual General Meeting, Sep 11, 2024 Sohu.com Limited, Annual General Meeting, Sep 11, 2024, at 10:00 China Standard Time. Location: level 2, sohu.com media plaza, block 3, no. 2 kexueyuan south road, haidian district, beijing, China Reported Earnings • Aug 06
Second quarter 2024 earnings released: US$1.16 loss per share (vs US$0.62 loss in 2Q 2023) Second quarter 2024 results: US$1.16 loss per share (further deteriorated from US$0.62 loss in 2Q 2023). Revenue: US$172.3m (up 13% from 2Q 2023). Net loss: US$37.7m (loss widened 78% from 2Q 2023). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Announcement • Aug 05
Sohu.Com Limited Provides Earnings Guidance for the Third Quarter of 2024 Sohu.com Limited provided earnings guidance for the third quarter of 2024. Brand advertising revenues to be between USD 17 million and USD 19 million; this implies an annual decrease of 14% to 23%, and a sequential decrease of 4% to 14%. Online game revenues to be between USD 104 million and USD 114 million; this implies an annual decrease of 3% to 11%, and a sequential decrease of 22% to 29%. GAAP net loss attributable to Sohu.com Limited to be between USD 34 million and USD 44 million. Announcement • Jul 22
Sohu.com Limited to Report Q2, 2024 Results on Aug 05, 2024 Sohu.com Limited announced that they will report Q2, 2024 results Pre-Market on Aug 05, 2024 New Risk • May 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 24% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$125m net loss next year). Share price has been volatile over the past 3 months (4.7% average weekly change). Reported Earnings • May 21
First quarter 2024 earnings released: US$0.76 loss per share (vs US$0.53 loss in 1Q 2023) First quarter 2024 results: US$0.76 loss per share (further deteriorated from US$0.53 loss in 1Q 2023). Revenue: US$139.4m (down 14% from 1Q 2023). Net loss: US$25.0m (loss widened 39% from 1Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Entertainment industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. New Risk • May 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 26% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$120m net loss in 2 years). Share price has been volatile over the past 3 months (4.7% average weekly change). Announcement • May 07
Sohu.com Limited to Report Q1, 2024 Results on May 20, 2024 Sohu.com Limited announced that they will report Q1, 2024 results Pre-Market on May 20, 2024 Board Change • Apr 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Dave Yang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 06
Sohu.com Limited Provides Earnings Guidance for the First Quarter of 2024 Sohu.com Limited provided earnings guidance for the first quarter of 2024. For the first quarter of 2024, the company estimates: Brand advertising revenues to be between USD 15 million and USD 17 million; this implies an annual decrease of 25% to 33%, and a sequential decrease of 16% to 26%. Online game revenues to be between USD 110 million and USD 120 million; this implies an annual decrease of 7% to 15%, and a sequential decrease of 4% to a sequential increase of 5%. Announcement • Feb 20
Sohu.com Limited to Report Q4, 2023 Results on Mar 04, 2024 Sohu.com Limited announced that they will report Q4, 2023 results Pre-Market on Mar 04, 2024 Announcement • Nov 15
Sohu.com Limited Provides Earnings Guidance for the Fourth Quarter of 2023 Sohu.com Limited provided earnings guidance for the fourth quarter of 2023. For the fourth quarter, the company expects brand advertising revenues to be between USD 20 million and USD 23 million; this implies an annual decrease of 20% to 31%, and a sequential decrease of 9% to a sequential increase of 4%; online game revenues to be between USD 106 million and USD 116 million; this implies an annual decrease of 4% to 13%, and a sequential decrease of 1% to 9%; GAAP net loss attributable to the company to be between USD 13 million and USD 23 million. Announcement • Nov 14
Sohu.com Limited (NasdaqGS:SOHU) announces an Equity Buyback for $80 million worth of its shares. Sohu.com Limited (NasdaqGS:SOHU) announces a share repurchase program. Under the program, the company will repurchase up to $80 million worth of its outstanding American depositary shares. The repurchase program will be funded from company's existing cash balance. The program will be valid for 2 years. Announcement • Oct 30
Sohu.com Limited to Report Q3, 2023 Results on Nov 13, 2023 Sohu.com Limited announced that they will report Q3, 2023 results on Nov 13, 2023 Announcement • Sep 15
Sohu.com Limited Appointed Charles Huang and Dr. Dave Qi SOHU.COM Limited at its annual general meeting of shareholders held on September 13, 2023, appointed Mr. Charles Huang and Dr. Dave Qi as Class II Director. Announcement • Aug 07
Sohu.com Limited, Annual General Meeting, Sep 13, 2023 Sohu.com Limited, Annual General Meeting, Sep 13, 2023, at 10:00 China Standard Time. Location: Level 2, Sohu.com Media Plaza, Block 3 No. 2 Kexueyuan South Road,Haidian District Beijing China Agenda: To consider to elect the Company's Board of Directors;to consider to ratify the appointment of PricewaterhouseCoopers Zhong Tian LLP as the Company's independent auditors for the fiscal year ending December 31, 2023; and to consider and act upon all other matters which may properly come before the 2023 Annual Meeting or any adjournment or postponement thereof. Announcement • Jul 24
Sohu.com Limited to Report Q2, 2023 Results on Aug 07, 2023 Sohu.com Limited announced that they will report Q2, 2023 results on Aug 07, 2023 Announcement • May 17
Sohu.com Limited Provides Revenue Guidance for the Second Quarter of 2023 Sohu.com Limited provides revenue guidance for the second quarter of 2023. The company expects Brand advertising revenues to be between USD 23 million and USD 26 million; this implies an annual decrease of8% to an annual increase of 4%, and a sequential increase of 2% to 15%. Online game revenues to be between USD 112 million and USD 122 million; this implies an annual decrease of 22% to 29%, and a sequential decrease of 6% to 13%. Announcement • May 05
Sohu.com Limited to Report Q1, 2023 Results on May 15, 2023 Sohu.com Limited announced that they will report Q1, 2023 results Pre-Market on May 15, 2023 Announcement • Feb 07
Sohu.com Limited to Report Q4, 2022 Results on Feb 21, 2023 Sohu.com Limited announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 21, 2023 Announcement • Nov 15
Sohu.com Limited Provides Revenue Guidance for Fourth Quarter of 2022 Sohu.com Limited provided revenue guidance for fourth quarter of 2022. For the fourth quarter of 2022, Sohu estimates: Brand advertising revenues to be between USD 25 million and USD 28 million; this implies an annual decrease of 17% to 26%, and a sequential decrease of 3% to a sequential increase of 9% and Online game revenues to be between USD 118 million and USD 128 million; this implies an annual decrease of 11% to 18%, and a sequential decrease of 14% to 21%. Announcement • Oct 31
Sohu.com Limited to Report Q3, 2022 Results on Nov 14, 2022 Sohu.com Limited announced that they will report Q3, 2022 results Pre-Market on Nov 14, 2022 Announcement • Aug 09
Sohu.com Limited, Annual General Meeting, Sep 14, 2022 Sohu.com Limited, Annual General Meeting, Sep 14, 2022, at 10:00 China Standard Time. Location: Level 2, Sohu.com Media Plaza, Block 3, No. 2 Kexueyuan South Road, Haidian District Beijing China Agenda: To elect the following nominees to the company's Board of Directors as Class I Directors, each to hold office until the second succeeding annual general meeting of shareholders and until his successor is duly elected or appointed, or until his resignation or removal; to ratify the appointment of PricewaterhouseCoopers Zhong Tian LLP as the company's independent auditors for the fiscal year ending December 31, 2022; and to consider and act upon all other matters which may properly come before the 2022 Annual Meeting or any adjournment or postponement thereof. Announcement • Aug 08
Sohu.Com Limited Provides Earnings Guidance for the Third Quarter of 2022 Sohu.com Limited provided earnings guidance for the third quarter of 2022. For the third quarter of 2022, Sohu estimates: Brand advertising revenues to be between USD 25 million and USD 28 million; this implies an annual decrease of 17% to 26%, and a sequential increase of nil to 12%. Online game revenues to be between USD 138 million and USD 148 million; this implies an annual decrease of 11% to 17%, and a sequential decrease of 6% to 12%. GAAP net loss attributable to Sohu.com Limited to be between USD 38 million and USD 28 million. Announcement • Jul 28
Sohu.com Limited to Report Q2, 2022 Results on Aug 08, 2022 Sohu.com Limited announced that they will report Q2, 2022 results Pre-Market on Aug 08, 2022 Announcement • May 17
Sohu.com Limited Provides Earnings Guidance for the Second Quarter of 2022 Sohu.com Limited provided earnings guidance for the second quarter of 2022. The company expects brand advertising revenues to be between USD 22 million and USD 25 million; this implies an annual decrease of 32% to 40%, and a sequential decrease of 7% to a sequential increase of 5%. Online game revenues to be between USD 150 million and USD 160 million; this implies an annual decrease of 1% to an annual increase of 6%, and a sequential decrease of 5% to a sequential increase of 1%. GAAP net loss attributable to Sohu.com Limited to be between USD18 million and USD 8 million. Announcement • May 06
Sohu.com Limited to Report Q1, 2022 Results on May 16, 2022 Sohu.com Limited announced that they will report Q1, 2022 results Pre-Market on May 16, 2022 Announcement • Apr 15
Sohu Seeks Delisting from Nasdaq After Being Named by US Regulator as Non-Compliant with Audit Rules Sohu.com Limited said it is looking to exit the US exchange, signalling that the company is not confident about meeting strict auditing requirements. The announcement on April 13, 2022 came after the US Securities and Exchange Commission (SEC) on April 12, 2022 added 12 more Chinese companies, including Sohu, to a list of stocks that face a potential delisting for failing to comply with US auditing oversight law. The Holding Foreign Companies Accountable Act (HFCAA), which came into effect in late 2020, requires US-listed foreign firms to comply with audit inspection rules under the Public Companies Accounting Oversight Board (PCAOB), or face the risk of being delisted from US stock exchanges after three consecutive years of non-compliance. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 15% share price gain to €18.00, the stock trades at a trailing P/E ratio of 10.5x. Average forward P/E is 24x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 19% over the past three years. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: US$1.75 (vs US$1.39 loss in FY 2020) Full year 2021 results: EPS: US$1.75 (up from US$1.39 loss in FY 2020). Revenue: US$835.6m (up 11% from FY 2020). Net income: US$69.3m (up US$124.2m from FY 2020). Profit margin: 8.3% (up from net loss in FY 2020). Over the next year, revenue is expected to shrink by 12% compared to a 27% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €13.70, the stock trades at a trailing P/E ratio of 8.5x. Average forward P/E is 25x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.28 per share. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.75 (up from US$1.39 loss in FY 2020). Revenue: US$835.6m (up 11% from FY 2020). Net income: US$69.3m (up US$124.2m from FY 2020). Profit margin: 8.3% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 13% compared to a 35% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 07
Sohu.com Limited to Report Q4, 2021 Results on Feb 22, 2022 Sohu.com Limited announced that they will report Q4, 2021 results Pre-Market on Feb 22, 2022 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improved over the past week After last week's 16% share price gain to €15.60, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 28x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 2.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.21 per share. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS US$0.31 (vs US$0.39 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$216.1m (up 37% from 3Q 2020). Net income: US$12.3m (up US$27.6m from 3Q 2020). Profit margin: 5.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS US$0.55 (vs US$2.04 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$204.4m (down 52% from 2Q 2020). Net income: US$21.9m (up US$101.8m from 2Q 2020). Profit margin: 11% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Reported Earnings • May 15
First quarter 2021 earnings released: EPS US$0.80 (vs US$0.51 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$222.1m (down 49% from 1Q 2020). Net income: US$31.5m (up US$51.6m from 1Q 2020). Profit margin: 14% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Announcement • May 14
Sohu.com Limited Provides Earnings Guidance for the Second Quarter of 2021 Sohu.com Limited provided earnings guidance for the second quarter of 2021. The company expects brand advertising revenues to be between $36 million and $40 million; this implies an annual decrease of 5% to an annual increase of 5% and a sequential increase of 17% to 30%. Online game revenues to be between $134 million and $144 million; this implies an annual increase of 26% to 36% and a sequential decrease of 18% to 24%.
GAAP net income from continuing operations attributable to company to be between $3 million and $13 million. Reported Earnings • Mar 20
Full year 2020 earnings released: US$1.39 loss per share (vs US$3.99 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$749.9m (up 11% from FY 2019). Net loss: US$55.0m (loss narrowed 65% from FY 2019). Is New 90 Day High Low • Feb 13
New 90-day high: €18.00 The company is up 9.0% from its price of €16.50 on 13 November 2020. The Austrian market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.21 per share. Reported Earnings • Feb 06
Full year 2020 earnings released The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$749.9m (down 59% from FY 2019). Net loss: US$55.0m (loss narrowed 57% from FY 2019). Analyst Estimate Surprise Post Earnings • Feb 06
Revenue misses expectations Revenue missed analyst estimates by 56%. Over the next year, revenue is forecast to stay flat compared to a 34% growth forecast for the Interactive Media and Services industry in Austria. Is New 90 Day High Low • Jan 27
New 90-day high: €16.90 The company is up 4.0% from its price of €16.30 on 29 October 2020. The Austrian market is up 41% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.31 per share. Announcement • Jan 25
Sohu.com Limited to Report Q4, 2020 Results on Feb 04, 2021 Sohu.com Limited announced that they will report Q4, 2020 results Pre-Market on Feb 04, 2021 Is New 90 Day High Low • Dec 28
New 90-day low: €13.20 The company is down 22% from its price of €16.90 on 29 September 2020. The Austrian market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.08 per share. Announcement • Dec 10
Labaton Sucharow LLP Files Securities Class Action Against Changyou.com Ltd. and Sohu.com Limited for Securities Violations Labaton Sucharow LLP announced that on December 8, 2020, it filed a securities class action lawsuit on behalf of its client ODS Capital LLC (“ODS Capital”) against Changyou.com Limited (“Changyou” or the “Company”) and certain of its executives, as well as its acquirer Sohu.com Limited (Nasdaq Ticker: SOHU) (collectively, “Defendants”). The action asserts claims under Sections 10(b), 13(e), and 20(a) of the Securities Exchange Act of 1934, and U.S. Securities and Exchange Commission Rules 10b-5 and 13e-3 promulgated thereunder, on behalf of all former owners of Changyou stock and American Depositary Shares (“ADSs”) who sold shares, and were damaged thereby, during the period between February 14, 2020 and April 23, 2020 inclusive (the “Class Period”). On February 14, 2020, Changyou, Sohu.com Limited, Sohu.com (Game) Limited, and Changyou Merger Co. Limited jointly filed a Rule 13E-3 Transaction Statement under Section 13(e) of the Securities Exchange Act (the “Transaction Statement”). The Transaction Statement contained false and misleading information regarding the existence of dissenters’ rights (also known as appraisal rights) pursuant to Cayman Islands law. No Dissenters’ or Appraisal Rights: As the Merger is a short-form merger under section 233(7) of the Cayman Islands Companies Law, and the vote of holders of the Company’s Shares (including ADSs) is not required to complete the Merger, the Unaffiliated Security Holders will not be able to exercise dissenters’ rights such as are afforded to shareholders of Cayman Islands companies pursuant to Section 238 of the Cayman Islands Companies Law with respect to mergers for which a shareholder vote is required. A copy of Section 238 of the Cayman Islands Companies Law is attached as Exhibit (f)(2) to this Transaction Statement for the information of the Unaffiliated Security Holders. The Transaction Statement is false and misleading because it provided no support for such conclusion and it is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Transaction Statement failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws. On April 17, 2020, the Merger closed without the truth being revealed. Changyou ADS shares were exchanged for the cash consideration on April 23, 2020. Is New 90 Day High Low • Dec 02
New 90-day low: €14.60 The company is down 8.0% from its price of €15.80 on 03 September 2020. The Austrian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.94 per share. Reported Earnings • Nov 17
Third quarter 2020 earnings released: US$0.39 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: US$157.9m (down 67% from 3Q 2019). Net loss: US$15.3m (loss narrowed 28% from 3Q 2019). Analyst Estimate Surprise Post Earnings • Nov 17
Revenue misses expectations Revenue missed analyst estimates by 62%. Over the next year, revenue is forecast to grow 6.4%, compared to a 34% growth forecast for the Interactive Media and Services industry in Austria. Announcement • Nov 03
Sohu.com Limited to Report Q3, 2020 Results on Nov 16, 2020 Sohu.com Limited announced that they will report Q3, 2020 results at 9:00 AM, China Standard Time on Nov 16, 2020 Announcement • Sep 25
SOHU.com (NASDAQ: SOHU) acquired Focus.cn for $12.9 million. SOHU.com (NASDAQ: SOHU) signed a definitive agreement to acquire Focus.cn for $12.9 million on November 18, 2003. The purchase price for the capital stock of the Focus Target consisted of $11,023,971 in cash, 57,687 shares of the common stock of the SOHU.com and assumption by Sohu.com Limited of liabilities under an employee incentive and retention plan.
SOHU.com (NASDAQ: SOHU) completed the acquisitions of Focus.cn on November 25, 2003. Goulston & Storrs acted as legal advisor to SOHU.com. Wilson Sonsini Goodrich & Rosati, P.C. and Maples and Calder (Cayman) acted as legal advisors to Focus.cn.