Sohu Posts Solid First-Quarter Results on Strong Top-Line Growth Across All Segments
Chinese Internet firm Sohu SOHU posted first-quarter revenue and earnings that slightly exceeded the firm’s guidance and our internal estimate, thanks to solid top-line growth across brand advertising, search, and gaming. Revenue grew by 36% year over year to $308 million (versus $299 million at the high end of guidance), while non-GAAP net income came in at $24 million (versus $21 million at the high … Continue reading Sohu Posts Solid First-Quarter Results on Strong Top-Line Growth Across All Segments