Sohu.com Reports Q3 GAAP EPS of -$0.60 and 26.1% Year-over-Year Revenue Decline
Sohu.com (SOHU) has released its third-quarter financial results, reporting a GAAP earnings per share (EPS) loss of $0.60. Total revenue for the quarter reached $133 million, representing a significant year-over-year decline of 26.1%. The company's performance was characterized by mixed segment results. While marketing services revenues grew 10% year-over-year to $15 million, the core online game revenue segment saw a sharp contraction, falling 30% year-over-year to $114 million.
Tickers: $SOHU
Topics: earnings report net loss revenue decline
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