Sohu.com (NASDAQ:SOHU) Issues Quarterly Earnings Results

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

Sohu.com Stock Down 6.2 %

Shares of Sohu.com stock opened at $13.76 on Wednesday. The firm has a market capitalization of $445.27 million, a P/E ratio of -4.87 and a beta of 1.13. Sohu.com has a 52 week low of $8.79 and a 52 week high of $17.24. The firm’s 50 day moving average is $13.18 and its two-hundred day moving average is $14.10.

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.

About Sohu.com

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.