Sohu.com Q2 Loss Narrows - Quick Facts

(RTTNews) - Sohu.com Inc. (SOHU) reported that its GAAP net loss attributable to the company for the second quarter of 2015 narrowed to US$28 million or US$0.71 per share, from US$41 million or $1.16 per share in the second quarter of 2014.

Non-GAAP net loss attributable to the company for the second quarter of 2015 was US$14 million, or a US$0.37 loss per share, compared with a net loss of US$34 million in the second quarter of 2014.

Total revenues for the second quarter of 2015 were US$494 million, up 23% year-over-year.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.80 per share and revenues of $480.66 million for the quarter. Analysts' estimates typically exclude special items.

For the third quarter of 2015, Sohu expects GAAP net loss attributable to the company to be between US$36 million and US$46 million, and GAAP loss share to be between US$0.95 and US$1.20.

Before deducting the share of non-GAAP net income pertaining to non-controlling interest, non-GAAP net income for the third-quarter is expected to be between US$10 million and US$20 million. Non-GAAP net loss attributable to Sohu.com Inc. for the third-quarter is expected to be between US$20 million and US$30 million, and non-GAAP loss per share to be between US$0.55 and US$0.80.

The company expects total revenues to be between US$470 million and US$500 million for the third-quarter.

Analysts expect the company to report a loss of $0.39 per share and revenues of $530.17 million for the third-quarter.