Sohu.com (NASDAQ:SOHU) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$152.0m (up 4.5% from 3Q 2023).
- Net loss: US$16.3m (loss widened by 16% from 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sohu.com Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 9.1% growth forecast for the Entertainment industry in the US.
Performance of the American Entertainment industry.
The company's shares are down 15% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Sohu.com that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:SOHU
Sohu.com
Engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China.
Adequate balance sheet and fair value.
