Sohu.com Q4 Net Loss Widens, Revenues Down; Sees Loss In Q1 - Quick Facts

(RTTNews) - Sohu.com Inc. (SOHU), a Chinese online media, search, gaming, community and mobile service group, reported Monday that its fourth quarter net loss attributable to the company was $31 million or $0.80 loss per share, compared with a net loss of $20 million last year.

Non-GAAP attributable net loss was $13 million or $0.34 loss per share, compared to a net loss of $14 million a year ago.

On average, eight analysts polled by Thomson Reuters expected loss of $0.44 per share. Analysts' estimates typically exclude special items.

Total revenues were $466 million, down 2% year-over-year and 11% quarter-over-quarter. Analysts expected revenues of $459.37 million.

Brand advertising revenues were $141 million, down 5% year-over-year. Online game revenues were down 31% to $127 million.

Total online advertising revenues were $292 million, up 13% year-over-year.

Looking ahead for the first quarter of 2016, Sohu expects attributable net loss between $25 million and $35 million, and GAAP loss per share between $0.65 and $0.90.

Non-GAAP net loss attributable would be between $15 million and $25 million or loss per share of between $0.40 and $0.65.

Total revenues are projected between $390 million and $420 million.

Analysts expect loss of $0.32 per share on revenues of $450.58 million for the first quarter.