Sohu (SOHU) has released an update.
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Sohu.com Limited, a major player in China’s online media and gaming, disclosed their unaudited financial figures for Q1 2024, showing a total revenue of $139 million, a year-over-year decrease of 14%. The net loss widened to $25 million compared to the previous year. Despite the dip in revenues and increased net losses, the company remains focused on enhancing user experience and monetization opportunities through events and campaign hosting.
For further insights into SOHU stock, check out TipRanks’ Stock Analysis page.
