Sohu.Com For Q1 Expects Brand Ad Revenues Of $13M-$14M Down 13%-19% YoY, Online Game Revenues $105M-$115M Down 2%-11% YoY; Adjusted Net Loss Of $(16)M-$(26)M

Author: Benzinga Newsdesk | February 18, 2025 02:33am

Business Outlook

For the first quarter of 2025, Sohu estimates:

• Brand advertising revenues to be between US$13 million and US$14 million; this implies an annual decrease of 13% to 19%, and a sequential decrease of 26% to 31%.
• Online game revenues to be between US$105 million and US$115 million; this implies an annual decrease of 2% to 11%, and a sequential decrease of 4% to a sequential increase of 5%. 
• Non-GAAP net loss attributable to Sohu.com Limited to be between US$16 million and US$26 million; and GAAP net loss attributable to Sohu.com Limited to be between US$20 million and US$30 million.

For the first quarter 2025 guidance, the Company has adopted a presumed exchange rate of RMB7.18=US$1.00, as compared with the actual exchange rate of approximately RMB7.10=US$1.00 for the first quarter of 2024, and RMB7.15=US$1.00 for the fourth quarter of 2024.

Posted In: SOHU