Sohu.com Q3 Net Loss Narrows - Quick Facts

(RTTNews) - Sohu.com Inc. (SOHU), a Chinese search engine and online gaming company, Monday reported a narrower third-quarter net loss attributable to the company amid a rise in revenues.

Net loss attributable to the company totaled $27.14 million or $0.74 per share, narrower than the loss of $64.19 million or $1.69 per share a year ago.

Adjusted per-share loss attributable to the company was $0.61, compared with a per-share profit of $0.51 a year earlier.

On average, eleven analysts polled by Thomson-Reuters estimated loss to be $1.14. Analysts' estimates typically exclude one-time items.

For the three months to September, the company's operating loss totaled $40.69 million, compared with a profit of $52.19 million last year, amid a 52 percent rise in operating expenses.

Total revenues increased to $430.41 million, from $368.32 million last year, but were shy of the $437.42 million Wall Street expected.

Online advertising revenues grew 40 percent to $247 million, while gaming revenues declined 7 percent to $150 million. Brand advertising revenues rose 19 percent to $149 million, the company said in a statement.

For the fourth quarter, the company expects revenues of $442 million to $462 million.