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Sohu.com: Q4 Earnings Insights


52-week low: $5.41
Company Overview
Sohu.com Ltd is engaged in providing of search engines and developing of online games. The company has three operating segments namely Sohu, Sogou, and Changyou segment. Sogou provides Search and Search related business, It includes Sogou Search, Sogou Input Method, Recommendation service, Sogou Browser, Sogou Web Directory, Sogou Translation. Sogou generates revenue primarily from its search and search-related advertising services. Changyou provides games through personal computers and mobile devices, such as mobile phones and tablets, connected to the Internet. Changyou s platform channel business consists primarily of the operation of the 17173.com. Sohu s main business is the brand advertising business. It generates maximum revenue from the Sogou segment. ....

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Sohu.com Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results


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BEIJING, Feb. 4, 2021 /PRNewswire/ Sohu.com Limited (NASDAQ: SOHU), China s leading online media, video, search and gaming business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020.
In view of the previously-announced Share Purchase Agreement between subsidiaries of Tencent Holdings Limited ( Tencent ) and the Company and its wholly-owned subsidiary Sohu.com (Search) Limited ( Sohu Search ) with respect to Sohu Search s Sogou Inc. ( Sogou ) shares (the Sogou Share Purchase ), the results of operations for Sogou have been excluded from the Company s results from continuing operations in the Company s condensed consolidated statements of operations and are presented in separate line items as discontinued operations. Retrospective adjustments to the historical statements have been made in order to provide a consistent basis of comparison. Unless indicated otherwise, ....

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Sogou Announces Fourth Quarter and Full Year 2020 Results


Sogou Announces Fourth Quarter and Full Year 2020 Results
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BEIJING, Feb. 4, 2021 /PRNewswire/ Sogou Inc. (NYSE: SOGO) ( Sogou or the Company ), an innovator in search and a leader in China s internet industry, today announced its unaudited financial results for the fourth quarter and full year, ended December 31, 2020.
Fourth Quarter 2020 Financial Results
Total revenues
[1]were $189.5 million, a 37% decrease year-over-year. The decrease was primarily driven by uncertainties with respect to Sogou s business policies among certain advertisers as a result of the previously-announced proposal by Tencent Holdings Limited ( Tencent ) to take Sogou private, as well as reduced traffic acquisition activity. ....

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