BEIJING (dpa-AFX) - (Adds Guidance)
For the third-quarter, Sohu.com Limited (SOHU) expects net loss of $34 million to $44 million, while adjusted loss is projected to be in the range of $30 million to $40 million.
Q2 Results:
Sohu.com announced Loss for its second quarter that increased from the same period last year
The company's bottom line totaled -$37.657 million, or -$1.16 per share. This compares with -$21.195 million, or -$0.62 per share, in last year's second quarter.
Excluding items, Sohu.com Limited reported adjusted earnings of -$34.162 million or -$1.05 per share for the period.
The company's revenue for the quarter rose 13.3% to $172.333 million from $152.090 million last year.
Sohu.com Limited earnings at a glance (GAAP) :
-Earnings (Q2): -$37.657 Mln. vs. -$21.195 Mln. last year. -EPS (Q2): -$1.16 vs. -$0.62 last year. -Revenue (Q2): $172.333 Mln vs. $152.090 Mln last year.
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