Sohu.com (NASDAQ:SOHU) Announces Quarterly Earnings Results

Sohu.com (NASDAQ:SOHU) announced its quarterly earnings results on Tuesday. The information services provider reported ($0.50) earnings per share for the quarter, Zacks reports. The company had revenue of $134.68 million during the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.33%. During the same quarter last year, the business earned ($0.37) EPS.

Sohu.com Price Performance

Shares of SOHU opened at $14.74 on Thursday. The company has a market capitalization of $476.84 million, a P/E ratio of -4.71 and a beta of 1.13. Sohu.com has a one year low of $8.79 and a one year high of $17.24. The business’s 50 day simple moving average is $13.19 and its 200-day simple moving average is $14.10.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a report on Wednesday.

About Sohu.com

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.