Titanium Media App reported on May 16 that today Sohu announced its financial report for the first quarter of 2022. According to the financial report, Sohu's total revenue in the first quarter was 193 million US dollars, and its net profit was 9 million US dollars, which exceeded the previous expectation. According to the financial report, in the first quarter of 2022, Sohu’s total revenue was US$193 million, of which brand advertising revenue was US$24 million and online game revenue was US$158 million. Non-GAAP net income attributable to Sohu was $9 million. In terms of overall business, "In this quarter, Sohu Media continued to upgrade its products, improve the quality of content, and continue to attract users and maintain activity. Sohu Video continued to implement the "dual engine" strategy and focused on expanding value live broadcasts to a wider range of scientific fields. We It is also actively acquiring users and exploring to improve the commercialization capabilities of Sohu Media and Sohu Video. In terms of Changyou, online games performed well, and this quarter’s revenue exceeded the previously expected upper limit.” said Zhang Chaoyang, founder, chairman and CEO of Sohu.
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- 2022-05-16 Sohu: First-quarter revenue of $193 million, adjusted net profit of $9 million
- 2022-02-22Sohu’s 2021 annual revenue of US$836 million increased by 11% year-on-year, with a profit of US$79 million
- 2021-11-15Sohu Announces Board Approval of Share Repurchase Plan: One Year, Total Amount Up to $100 Million
- 2021-11-15Sohu released its third quarter 2021 financial report, with revenue of $216 million
- 2021-08-09Sohu’s second-quarter net profit was US$22 million, a year-on-year increase of 100%
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