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Sohu.com Q1 revenue up 6 pct y-o-y to USD 436 mln

May 19, 2020


Abstract : Chinese internet company Sohu.com Limited (SOHU.NASDAQ) generated 436 million U.S. dollars of revenue in the first quarter of this year, up six percent year on year, according to the unaudited financial report released by the company on Monday.

BEIJING, May 19 (Xinhua) -- Chinese internet company Sohu.com Limited (SOHU.NASDAQ) generated 436 million U.S. dollars of revenue in the first quarter of this year, up six percent year on year, according to the unaudited financial report released by the company on Monday.

According to the financial report, the company's net loss narrowed to 18 million U.S. dollars from 52 million U.S. dollars in the same quarter last year.

The company's online game revenue surged 35 percent to 133 million U.S. dollars in the first quarter of this year, while its brand advertising revenue amounted to 26 million U.S. dollars during the period, down 40 percent year on year.

The company expected its total revenue to range between 410 million U.S. dollars and 445 million U.S. dollars in the second quarter of this year .

(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

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Keyword: Sohu.com

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