Sohu.com (NASDAQ:SOHU) Announces Earnings Results

Sohu.com (NASDAQ:SOHU) issued its quarterly earnings results on Tuesday. The information services provider reported ($0.50) earnings per share (EPS) for the quarter, Zacks reports. Sohu.com had a negative return on equity of 7.67% and a negative net margin of 15.14%. The business had revenue of $134.68 million for the quarter. During the same quarter in the previous year, the business earned ($0.37) EPS.

Sohu.com Stock Performance

SOHU stock opened at $13.76 on Wednesday. The company’s 50 day moving average price is $13.18 and its 200 day moving average price is $14.10. Sohu.com has a fifty-two week low of $8.79 and a fifty-two week high of $17.24. The firm has a market capitalization of $445.27 million, a price-to-earnings ratio of -4.87 and a beta of 1.13.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Sohu.com from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th.

Sohu.com Company Profile

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.