Sohu.com Sees Sequentially Wider Net Loss, Higher Revenues In Q4

(RTTNews) - Sohu.com Inc. (SOHU), a Chinese online media, search, gaming, community and mobile service group, while announcing its third-quarter results, said Monday that it expects fourth-quarter GAAP net loss before non-controlling interest to be between $26 million and $36 million.

GAAP net loss attributable to Sohu.com Limited is expected between $46 million and $56 million, and GAAP loss per ADS between $1.20 and $1.45.

For the quarter, non-GAAP net loss is projected between $23 million and $33 million. Non-GAAP attributable net loss is expected between $45 million and $55 million, or loss of $1.15 to $1.40 per ADS.

The company projects total revenues between $465 million and $495 million. Brand advertising revenues would be between $55 million and $60 million; this implies an annual decrease of 16% to 23% and a sequential decrease of 3% to a sequential increase of 5%.

Sogou revenues would between $292 million and $307 million; this implies an annual increase of 5% to 11% and a sequential increase of 6% to 11%.

Online game revenues would between $85 million and $95 million; this implies an annual decrease of 13% to 22% and a sequential decrease of 1% to 11%.