BEIJING, Nov. 12, 2024 /PRNewswire/ — Sohu.com Restricted (NASDAQ: SOHU) (“Sohu” or the “Company”), a eminent Chinese language on-line media, video, and recreation trade crew, nowadays reported unaudited monetary effects for the 3rd quarter ended September 30, 2024.
3rd Quarter Highlights[1]
- Overall revenues had been US$152 million, up 5% year-over-year and unwell 12% quarter-over-quarter.
- Logo promoting revenues had been US$19 million, unwell 15% year-over-year and six% quarter-over-quarter.
- On-line recreation revenues had been US$128 million, up 9% year-over-year and unwell 13% quarter-over-quarter.
- GAAP web loss resulting from Sohu.com Restricted was once US$16 million, in comparison with a web lack of US$14 million within the 3rd quarter of 2023 and a web lack of US$38 million in the second one quarter of 2024.
- Non-GAAP[2] web loss resulting from Sohu.com Restricted was once US$12 million, in comparison with a web lack of US$10 million within the 3rd quarter of 2023 and a web lack of US$34 million in the second one quarter of 2024.
Dr. Charles Zhang, Chairman and CEO of Sohu.com Restricted, commented, “In the third quarter of 2024, our brand advertising revenues met the high end of our previous guidance, while both our online game revenues and our bottom-line performance exceeded expectations. For Sohu Media and Sohu Video, in addition to continual product refinements and user experience improvements, we continued to integrate resources and host various unique events and marketing campaigns. With these efforts we were able to effectively stimulate social interactions among users, strengthen our brand influence, and secure more monetization opportunities. As a result of high-quality content updates and robust game operations, our online games business delivered better-than-expected performance.”
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[1] The chapter complaints of Changyou’s wholly-owned subsidiary Shanghai Jingmao Tradition Communique Co., Ltd. (“Shanghai Jingmao”), which operated Changyou’s cinema promoting trade, had been concluded through a Chinese language mainland chapter courtroom within the 3rd quarter of 2023. The Corporate identified a US$35 million disposal achieve inside of discontinued operations within the condensed consolidated statements of operations for the 3rd quarter of 2023. Except indicated another way, effects introduced on this press drop are alike to proceeding operations best, and exclude the disposal achieve alike to Shanghai Jingmao. |
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[2] Non-GAAP effects exclude share-based repayment expense; adjustments in truthful worth identified within the Corporate’s consolidated statements of operations with recognize to the Corporate’s investments; and passion expense identified in reference to the one-time transition tax (the “Toll Charge”) imposed through the U.S. Tax Cuts and Jobs Function signed into legislation on December 22, 2017 (the “U.S. TCJA”). Clarification of the Corporate’s non-GAAP monetary measures and alike reconciliations to GAAP monetary measures are incorporated within the accompanying “Non-GAAP Disclosure” and “Reconciliations of Non-GAAP Results of Operation Measures to the Nearest Comparable GAAP Measures.” |
3rd Quarter Monetary Effects
Revenues
Overall revenues had been US$152 million, up 5% year-over-year and unwell 12% quarter-over-quarter.
Logo promoting revenues had been US$19 million, unwell 15% year-over-year and six% quarter-over-quarter.
On-line recreation revenues had been US$128 million, up 9% year-over-year and unwell 13% quarter-over-quarter.
Rude Margin
Each GAAP and non-GAAP improper margin had been 74%, in comparison with 76% within the 3rd quarter of 2023 and 67% in the second one quarter of 2024.
Each GAAP and non-GAAP improper margin for the emblem promoting trade had been 9%, in comparison with 15% within the 3rd quarter of 2023 and 20% in the second one quarter of 2024.
Each GAAP and non-GAAP improper margin for on-line video games had been 84%, in comparison with 87% within the 3rd quarter of 2023 and 76% in the second one quarter of 2024. The quarter-over-quarter building up was once basically because of a decrease proportion profit contribution from cellular video games, which require upper revenue-sharing bills.
Running Bills
GAAP working bills had been US$125 million, unwell 5% year-over-year and 22% quarter-over-quarter. Non-GAAP working bills had been US$125 million, unwell 4% year-over-year and 22% quarter-over-quarter. The quarter-over-quarter cut was once basically because of a cut in Changyou’s advertising and promotional spending for on-line video games.
Operating Loss
GAAP working loss was once US$13 million, in comparison with an working lack of US$21 million within the 3rd quarter of 2023 and an working lack of US$44 million in the second one quarter of 2024.
Non-GAAP working loss was once US$13 million, in comparison with an working lack of US$20 million within the 3rd quarter of 2023 and an working lack of US$45 million in the second one quarter of 2024.
Source of revenue Tax Expense
GAAP source of revenue tax expense was once US$15 million, in comparison with source of revenue tax expense of US$15 million within the 3rd quarter of 2023 and source of revenue tax expense of US$9 million in the second one quarter of 2024.
Non-GAAP source of revenue tax expense was once US$11 million, in comparison with source of revenue tax expense of US$12 million within the 3rd quarter of 2023 and source of revenue tax expense of US$5 million in the second one quarter of 2024.
Web Loss
GAAP web loss resulting from Sohu.com Restricted was once US$16 million, or a web lack of US$0.52 consistent with fully-diluted American depositary percentage (“ADS,” each and every ADS representing one Sohu familiar percentage), in comparison with a web loss of US$14 million within the 3rd quarter of 2023 and a web lack of US$38 million in the second one quarter of 2024.
Non-GAAP web loss resulting from Sohu.com Restricted was once US$12 million, or a web lack of US$0.39 consistent with fully-diluted ADS, in comparison with a web lack of US$10 million within the 3rd quarter of 2023 and a web loss of US$34 million in the second one quarter of 2024.
Liquidity and Capital Assets
As of September 30, 2024, money and money equivalents, temporary investments and long-term moment deposits totaled roughly US$1.3 billion.
Backup Knowledge for Changyou Effects[3]
3rd Quarter 2024 Running Effects
- For PC video games, overall moderate per thirty days lively person accounts[4] (MAU) had been 2.2 million, a cut of two% year-over-year and three% quarter-over-quarter. Overall quarterly mixture lively paying accounts[5] (APA) had been 0.9 million, a cut of 13% year-over-year and flat quarter-over-quarter. The year-over-year cut in APA was once basically because of the herbal fade of our used video games, together with TLBB PC.
- For cellular video games, overall moderate MAU had been 3.2 million, an building up of 41% year-over-year and a cut of 34% quarter-over-quarter. Overall quarterly APA had been 1.1 million, an building up of 142% year-over-year and a cut of three% quarter-over-quarter. The year-over-year will increase in MAU and APA had been basically from Unutilized Westward Go, which was once introduced all through the second one quarter of 2024. The quarter-over-quarter cut in MAU was once basically because of the herbal fade of Unutilized Westward Go.
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[3] “Changyou Results” include the result of Changyou’s on-line recreation trade and its 17173.com Website online. |
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[4] Per month lively person accounts refers back to the collection of registered accounts which might be logged in to those video games at least one time all through the presen. |
|
[5] Quarterly mixture lively paying accounts refers back to the collection of accounts from which recreation issues are applied at least one time all through the quarter. |
3rd Quarter 2024 Unaudited Monetary Effects
Overall revenues had been US$129 million, an building up of 9% year-over-year and a cut of 13% quarter-over-quarter. On-line recreation revenues had been US$128 million, an building up of 9% year-over-year and a cut of 13% quarter-over-quarter. Web advertising revenues had been US$1 million, a cut of twenty-two% year-over-year and 13% quarter-over-quarter.
Each GAAP and non-GAAP improper benefit had been US$108 million, in comparison with US$103 million for the 3rd quarter of 2023 and US$112 million for the second one quarter of 2024.
GAAP working bills had been US$45 million, a cut of 12% year-over-year and 43% quarter-over-quarter. The year-over-year cut was once basically because of a cut in outsourcing and licensing charges alike to product construction. The quarter-over-quarter cut was once basically because of a cut in advertising and promotional spending for on-line video games.
Non-GAAP working bills had been US$45 million, a cut of eleven% year-over-year and 43% quarter-over-quarter.
GAAP working benefit was once US$62 million, in comparison with US$51 million for the 3rd quarter of 2023 and US$32 million for the second one quarter of 2024.
Non-GAAP working benefit was once US$62 million, in comparison with US$52 million for the 3rd quarter of 2023 and US$32 million for the second one quarter of 2024.
Fresh Construction
Sohu nowadays introduced that on November 9, 2024 its board of administrators licensed an supplementary one yr to the duration of Sohu’s previously-announced percentage repurchase program, from the former finish pace of November 10, 2025 to November 10, 2026. As formerly introduced, Sohu would possibly acquire as much as US$150 million of the exceptional ADSs of Sohu from moment to moment below this system at Sohu’s control’s discretion at common marketplace costs in response to Rule 10b-18 and Rule 10b5-1 below the Securities Alternate Function of 1934. Sohu’s control will proceed to resolve the timing and quantity of any purchases of ADSs in line with their analysis of marketplace situations, the buying and selling value of ADSs and alternative elements. The percentage repurchase program could also be suspended or discontinued at any moment. Sohu plans to proceed to treasure repurchases from its present money steadiness. As of November 7, 2024, Sohu had repurchased 3,380,361 ADSs below the proportion repurchase program for an mixture value of roughly US$42 million.
Industry Outlook
For the fourth quarter of 2024, Sohu estimates:
- Logo promoting revenues to be between US$17 million and US$19 million; this means an annual cut of 6% to 16%, and a sequential cut of 9% to a sequential building up of two%.
- On-line recreation revenues to be between US$97 million and US$107 million; this means an annual cut of seven% to fifteen%, and a sequential cut of 16% to 24%.
- Non-GAAP web loss resulting from Sohu.com Restricted to be between US$26 million and US$36 million; and GAAP web loss resulting from Sohu.com Restricted to be between US$30 million and US$40 million.
For the fourth quarter 2024 steering, the Corporate has followed a presumed alternate fee of RMB7.10=US$1.00, as in comparison with the untouched alternate fee of roughly RMB7.15=US$1.00 for the fourth quarter of 2023, and RMB7.12=US$1.00 for the 3rd quarter of 2024.
This forecast displays Sohu’s control’s tide and initial view, which is matter to really extensive suspicion.
Non-GAAP Disclosure
To complement the unaudited consolidated monetary statements introduced in response to accounting ideas normally permitted in america of The united states (“GAAP”), Sohu’s control makes use of non-GAAP measures of improper benefit, working benefit, web source of revenue, web source of revenue resulting from Sohu.com Restricted and diluted web source of revenue resulting from Sohu.com Restricted consistent with ADS, which can be adjusted from effects in line with GAAP to exclude the have an effect on of share-based repayment expense; adjustments in truthful worth identified within the Corporate’s consolidated statements of operations with recognize to the Corporate’s investments; and passion expense identified in reference to the Toll Fee imposed through the U.S. TCJA. Those measures will have to be regarded as along with effects ready in response to GAAP, however will have to no longer be regarded as an alternative choice to, or superb to, GAAP effects.
Sohu’s control believes with the exception of share-based repayment expense; adjustments in truthful worth identified within the Corporate’s consolidated statements of operations with recognize to the Corporate’s investments; and passion expense identified in reference to the Toll Fee from its non-GAAP monetary measure turns out to be useful for itself and traders. Additional, the have an effect on of share-based repayment expense; adjustments in truthful worth identified within the Corporate’s consolidated statements of operations with recognize to the Corporate’s investments; and passion expense identified in reference to the Toll Fee can’t be expected through control and trade order leaders and those bills weren’t constructed into the yearly budgets and quarterly forecasts which have been the foundation for info Sohu supplies to analysts and traders as steering for while working efficiency. As share-based repayment expense and adjustments in truthful worth identified within the Corporate’s consolidated statements of operations with recognize to the Corporate’s investments don’t contain next money outflow or are mirrored within the money flows on the fairness transaction stage, Sohu does no longer issue of their have an effect on when comparing and approving expenditures or when figuring out the allocation of its sources to its trade branchs. Because of this, basically, the per thirty days monetary effects for inner reporting and any efficiency measures for commissions and bonuses are in line with non-GAAP monetary measures that exclude share-based repayment expense, adjustments in truthful worth identified within the Corporate’s consolidated statements of operations with recognize to the Corporate’s investments, and passion expense identified in reference to the Toll Fee.
The non-GAAP monetary measures are equipped to reinforce traders’ total working out of Sohu’s tide monetary efficiency and possibilities for the while. A limitation of the usage of non-GAAP improper benefit, working benefit, web source of revenue, web source of revenue resulting from Sohu.com Restricted, and diluted web source of revenue resulting from Sohu.com Restricted consistent with ADS with the exception of share-based repayment expense and passion expense identified in reference to the Toll Fee is that share-based repayment expense and passion expense identified in reference to the Toll Fee were and can also be anticipated to proceed to be important ordinary bills in Sohu’s trade. Additionally it is imaginable that adjustments in truthful worth identified within the Corporate’s consolidated statements of operations with recognize to the Corporate’s investments will recur going forward. To deliver to mitigate those barriers Sohu has equipped particular knowledge in regards to the GAAP quantities excluded from each and every non-GAAP measure. The accompanying tables come with main points at the reconciliation between the GAAP monetary measures which might be maximum without delay similar to the non-GAAP monetary measures which have been introduced.
Notes to Monetary Knowledge
Monetary knowledge on this press drop alternative than the tips indicated as being non-GAAP is derived from Sohu’s unaudited monetary statements ready in response to GAAP.
Preserve Harbor Observation
This announcement comprises forward-looking statements. It’s recently anticipated that the Industry Outlook may not be up to date till drop of Sohu’s upcoming quarterly profits announcement; on the other hand, Sohu reserves proper to replace its Industry Outlook at any moment for any reason why. Statements that don’t seem to be ancient info, together with statements about Sohu’s ideals and expectancies, are forward-looking statements. Those statements are in line with tide plans, estimates and projections, and due to this fact you will have to no longer park undue reliance on them. Ahead-looking statements contain inherent dangers and uncertainties. We warning you that plenty of impressive elements may just reason untouched effects to vary materially from the ones contained in any forward-looking commentary. Attainable dangers and uncertainties come with, however don’t seem to be restricted to, instability in world monetary and credit score markets and its doable have an effect on at the Chinese language economic system; alternate fee fluctuations, together with their doable have an effect on at the Chinese language economic system and on Sohu’s reported U.S. greenback effects; fluctuations in Sohu’s quarterly working effects; the probabilities that Sohu won’t be able to recoup its funding in video content material and won’t be able to create a sequence of a hit video games for cellular platforms or effectively monetize cellular video games it develops or acquires; Sohu’s reliance on web advertising gross sales and on-line video games for its revenues; and the have an effect on of the U.S. TCJA. Additional knowledge referring to those and alternative dangers is incorporated in Sohu’s annual record on Method 20-F for the yr ended December 31, 2023, and alternative filings with and knowledge furnished to the U.S. Securities and Alternate Fee.
Convention Name and Webcast
Sohu’s control group will host a convention name at 7:30 a.m. U.S. Jap Day, November 12, 2024 (8:30 p.m. Beijing/Hong Kong moment, November 12, 2024) following the quarterly effects announcement. Contributors can sign up for the convention name through clicking here, which is able to supremacy them to the convention registration web page. Upon registration, members will obtain main points for the convention name, together with the dial-in numbers and a novel get entry to PIN. Please dial in 10 mins earlier than the decision is scheduled to start.
The reside Webcast and archive of the convention name might be to be had at the Investor Family members division of Sohu’s web page at https://investors.sohu.com/
About Sohu
Sohu.com Restricted (NASDAQ: SOHU) was once established through Dr. Charles Zhang, certainly one of China’s web pioneers, within the Nineteen Nineties. As a mainstream media platform, Sohu is indispensable to the day by day week of tens of millions of Chinese language, offering a community of internet homes and society founded merchandise which frequently trade in a huge array of alternatives referring to knowledge, leisure and communique to the giant collection of Sohu customers. Sohu has constructed one of the vital complete matrices of Chinese language language internet homes, consisting of the eminent on-line media locations Sohu Information App, Sohu Video App, the cellular information portal m.sohu.com, the PC portal www.sohu.com, and the net video web page tv.sohu.com; and the net video games platform www.changyou.com/en/.
Sohu supplies on-line logo promoting services and products in addition to a couple of information, knowledge and content material services and products on its matrix of web sites and likewise on its cellular platforms. Sohu’s on-line recreation trade, carried out through its subsidiary Changyou, develops and operates a various portfolio of PC and cellular video games, such because the prominent Tian Lengthy Ba Bu (“TLBB”) PC and Legacy TLBB Cellular.
For investor and media inquiries, please touch:
In China:
Ms. Huang, Pu
Sohu.com Restricted
Tel: +86 (10) 6272-6645
E mail: [email protected]
In america:
Ms. Bergkamp, Linda
Christensen
Tel: +1 (480) 614-3004
E mail: [email protected]
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SOHU.COM LIMITED |
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS |
|||||||
|
(UNAUDITED, IN THOUSANDS EXCEPT PER SHARE AMOUNTS) |
|||||||
|
3 Months Ended |
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|
Sep. 30, 2024 |
Jun. 30, 2024 |
Sep. 30, 2023 |
|||||
|
Revenues: |
|||||||
|
Logo promoting |
$ |
18,677 |
$ |
19,853 |
$ |
22,087 |
|
|
On-line video games |
127,721 |
146,997 |
117,049 |
||||
|
Others |
5,594 |
5,483 |
6,294 |
||||
|
Overall revenues |
151,992 |
172,333 |
145,430 |
||||
|
Value of revenues: |
|||||||
|
Logo promoting (contains share-based |
17,040 |
15,904 |
18,745 |
||||
|
On-line video games (contains share-based repayment |
20,292 |
35,588 |
15,039 |
||||
|
Others |
2,283 |
4,974 |
687 |
||||
|
Overall value of revenues |
39,615 |
56,466 |
34,471 |
||||
|
Rude benefit |
112,377 |
115,867 |
110,959 |
||||
|
Running bills: |
|||||||
|
Product construction (contains share-based |
62,231 |
65,209 |
67,749 |
||||
|
Gross sales and advertising (contains share-based |
48,494 |
83,936 |
53,040 |
||||
|
Normal and administrative (contains share-based |
14,692 |
11,012 |
10,801 |
||||
|
Overall working bills |
125,417 |
160,157 |
131,590 |
||||
|
Running loss |
(13,040) |
(44,290) |
(20,631) |
||||
|
Alternative source of revenue, web |
3,635 |
5,572 |
10,869 |
||||
|
Passion source of revenue |
9,074 |
9,561 |
11,519 |
||||
|
Alternate excess |
(988) |
231 |
(478) |
||||
|
Source of revenue/(loss) earlier than source of revenue tax expense |
(1,319) |
(28,926) |
1,279 |
||||
|
Source of revenue tax expense |
15,028 |
8,731 |
15,340 |
||||
|
Web loss from proceeding operations |
(16,347) |
(37,657) |
(14,061) |
||||
|
Web source of revenue from discontinued operations, web of tax[6] |
– |
– |
35,426 |
||||
|
Web source of revenue/(loss) |
(16,347) |
(37,657) |
21,365 |
||||
|
Much less: Web loss from proceeding operations |
– |
– |
(2) |
||||
|
Web loss from proceeding operations resulting from |
(16,347) |
(37,657) |
(14,059) |
||||
|
Web source of revenue from discontinued operations attributable |
– |
– |
35,426 |
||||
|
Web source of revenue/(loss) resulting from Sohu.com Restricted |
(16,347) |
(37,657) |
21,367 |
||||
|
Modest web loss from proceeding operations consistent with |
$ |
(0.52) |
$ |
(1.16) |
$ |
(0.41) |
|
|
Modest web source of revenue from discontinued operations consistent with |
$ |
– |
$ |
– |
$ |
1.04 |
|
|
Modest web source of revenue/(loss) consistent with percentage/ADS resulting from |
$ |
(0.52) |
$ |
(1.16) |
$ |
0.63 |
|
|
Stocks/ADSs old in computing unadorned web |
31,729 |
32,492 |
34,190 |
||||
|
Diluted web loss from proceeding operations consistent with |
$ |
(0.52) |
$ |
(1.16) |
$ |
(0.41) |
|
|
Diluted web source of revenue from discontinued operations consistent with |
$ |
– |
$ |
– |
$ |
1.04 |
|
|
Diluted web source of revenue/(loss) consistent with percentage/ADS resulting from |
$ |
(0.52) |
$ |
(1.16) |
$ |
0.63 |
|
|
Stocks/ADSs old in computing diluted web |
31,729 |
32,492 |
34,190 |
||||
|
[6] See Footnote 1. |
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[7] Each and every ADS represents one familiar percentage. |
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SOHU.COM LIMITED |
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CONDENSED CONSOLIDATED BALANCE SHEETS |
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(UNAUDITED, IN THOUSANDS) |
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As of Sep. 30, 2024 |
As of Dec. 31, 2023 |
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ASSETS |
||||
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Flow property: |
||||
|
Money and money equivalents |
$ |
135,645 |
$ |
362,504 |
|
Limited money |
– |
3,184 |
||
|
Snip-term investments |
798,733 |
597,770 |
||
|
Accounts receivable, web |
54,956 |
71,618 |
||
|
Pay as you go and alternative tide property |
84,674 |
81,971 |
||
|
Overall tide property |
1,074,008 |
1,117,047 |
||
|
Mounted property, web |
262,549 |
269,058 |
||
|
Approbation |
47,322 |
47,163 |
||
|
Lengthy-term investments, web |
45,670 |
45,198 |
||
|
Intangible property, web |
8,515 |
2,226 |
||
|
Lengthy-term moment deposits |
337,689 |
388,613 |
||
|
Alternative property |
12,374 |
12,793 |
||
|
Overall property |
$ |
1,788,127 |
$ |
1,882,098 |
|
LIABILITIES |
||||
|
Flow liabilities: |
||||
|
Accounts payable |
$ |
41,693 |
$ |
44,609 |
|
Amassed liabilities |
102,772 |
103,779 |
||
|
Receipts in proceed and deferred profit |
50,945 |
50,829 |
||
|
Amassed wage and advantages |
38,056 |
50,330 |
||
|
Taxes payables |
13,859 |
11,363 |
||
|
Alternative temporary liabilities |
77,142 |
81,482 |
||
|
Overall tide liabilities |
$ |
324,467 |
$ |
342,392 |
|
Lengthy-term alternative payables |
2,854 |
3,924 |
||
|
Lengthy-term tax liabilities |
484,909 |
474,374 |
||
|
Alternative long-term liabilities |
2,022 |
2,130 |
||
|
Overall long-term liabilities |
$ |
489,785 |
$ |
480,428 |
|
Overall liabilities |
$ |
814,252 |
$ |
822,820 |
|
SHAREHOLDERS’ EQUITY: |
||||
|
Sohu.com Restricted shareholders’ fairness |
973,553 |
1,058,956 |
||
|
Noncontrolling passion |
322 |
322 |
||
|
Overall shareholders’ fairness |
$ |
973,875 |
$ |
1,059,278 |
|
Overall liabilities and shareholders’ fairness |
$ |
1,788,127 |
$ |
1,882,098 |
|
SOHU.COM LIMITED |
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RECONCILIATIONS OF NON-GAAP RESULTS OF OPERATIONS MEASURES TO THE NEAREST COMPARABLE GAAP MEASURES |
||||||||||||||||||
|
(UNAUDITED, IN THOUSANDS EXCEPT PER SHARE AMOUNTS) |
||||||||||||||||||
|
3 Months Ended Sep. 30, 2024 |
3 Months Ended Jun. 30, 2024 |
3 Months Ended Sep. 30, 2023 |
||||||||||||||||
|
GAAP |
Non-GAAP |
Non-GAAP |
GAAP |
Non-GAAP |
Non-GAAP |
GAAP |
Non-GAAP |
Non-GAAP |
||||||||||
|
– |
(a) |
1 |
(a) |
15 |
(a) |
|||||||||||||
|
Logo promoting improper benefit |
$ |
1,637 |
$ |
– |
$ |
1,637 |
$ |
3,949 |
$ |
1 |
$ |
3,950 |
$ |
3,342 |
$ |
15 |
$ |
3,357 |
|
Logo promoting improper margin |
9 % |
9 % |
20 % |
20 % |
15 % |
15 % |
||||||||||||
|
– |
(a) |
– |
(a) |
18 |
(a) |
|||||||||||||
|
On-line video games improper benefit |
$ |
107,429 |
$ |
– |
$ |
107,429 |
$ |
111,409 |
$ |
– |
$ |
111,409 |
$ |
102,010 |
$ |
18 |
$ |
102,028 |
|
On-line video games improper margin |
84 % |
84 % |
76 % |
76 % |
87 % |
87 % |
||||||||||||
|
– |
(a) |
– |
(a) |
– |
(a) |
|||||||||||||
|
Others improper benefit |
$ |
3,311 |
$ |
– |
$ |
3,311 |
$ |
509 |
$ |
– |
$ |
509 |
$ |
5,607 |
$ |
– |
$ |
5,607 |
|
Others improper margin |
59 % |
59 % |
9 % |
9 % |
89 % |
89 % |
||||||||||||
|
– |
(a) |
1 |
(a) |
33 |
(a) |
|||||||||||||
|
Rude benefit |
$ |
112,377 |
$ |
– |
$ |
112,377 |
$ |
115,867 |
$ |
1 |
$ |
115,868 |
$ |
110,959 |
$ |
33 |
$ |
110,992 |
|
Rude margin |
74 % |
74 % |
67 % |
67 % |
76 % |
76 % |
||||||||||||
|
Running bills |
$ |
125,417 |
$ |
(44) |
(a) $ |
125,373 |
$ |
160,157 |
$ |
401 |
(a) $ |
160,558 |
$ |
131,590 |
$ |
(677) |
(a) $ |
130,913 |
|
44 |
(a) |
(400) |
(a) |
710 |
(a) |
|||||||||||||
|
Running loss |
$ |
(13,040) |
$ |
44 |
$ |
(12,996) |
$ |
(44,290) |
$ |
(400) |
$ |
(44,690) |
$ |
(20,631) |
$ |
710 |
$ |
(19,921) |
|
Running margin |
-9 % |
-9 % |
-26 % |
-26 % |
-14 % |
-14 % |
||||||||||||
|
Source of revenue tax expense |
$ |
15,028 |
$ |
(3,883) |
(c)$ |
11,145 |
$ |
8,731 |
$ |
(3,764) |
(c)$ |
4,967 |
$ |
15,340 |
$ |
(3,149) |
(c)$ |
12,191 |
|
44 |
(a) |
(400) |
(a) |
710 |
(a) |
|||||||||||||
|
– |
131 |
(b) |
– |
|||||||||||||||
|
3,883 |
(c) |
3,764 |
(c) |
3,149 |
(c) |
|||||||||||||
|
Web loss earlier than non-controlling |
$ |
(16,347) |
$ |
3,927 |
$ |
(12,420) |
$ |
(37,657) |
$ |
3,495 |
$ |
(34,162) |
$ |
(14,061) |
3,859 |
(10,202) |
||
|
44 |
(a) |
(400) |
(a) |
710 |
(a) |
|||||||||||||
|
– |
131 |
(b) |
– |
|||||||||||||||
|
3,883 |
(c) |
3,764 |
(c) |
3,149 |
(c) |
|||||||||||||
|
Web loss from proceeding operations |
$ |
(16,347) |
$ |
3,927 |
$ |
(12,420) |
$ |
(37,657) |
$ |
3,495 |
$ |
(34,162) |
$ |
(14,059) |
3,859 |
(10,200) |
||
|
Web source of revenue from discontinued |
$ |
– |
– |
– |
$ |
– |
– |
$ |
– |
$ |
35,426 |
– |
$ |
35,426 |
||||
|
Web source of revenue/(loss) resulting from |
$ |
(16,347) |
3,927 |
(12,420) |
$ |
(37,657) |
$ |
3,495 |
$ |
(34,162) |
$ |
21,367 |
3,859 |
25,226 |
||||
|
Diluted web loss from proceeding |
$ |
(0.52) |
$ |
(0.39) |
$ |
(1.16) |
(1.05) |
$ |
(0.41) |
$ |
(0.30) |
|||||||
|
Diluted web source of revenue from |
$ |
– |
– |
$ |
– |
– |
$ |
1.04 |
$ |
1.04 |
||||||||
|
Diluted web source of revenue/(loss) consistent with |
$ |
(0.52) |
(0.39) |
$ |
(1.16) |
(1.05) |
$ |
0.63 |
$ |
0.74 |
||||||||
|
Stocks/ADSs old in computing |
31,729 |
31,729 |
32,492 |
32,492 |
34,190 |
34,190 |
||||||||||||
|
Observe: |
||||||||||||||||||
|
(a) To get rid of the have an effect on of share-based awards. |
||||||||||||||||||
|
(b) To regulate for adjustments within the truthful worth of the Corporate’s investments. |
||||||||||||||||||
|
(c) To regulate for the impact of the Toll Fee. |
||||||||||||||||||
|
[8] See Footnote 1. |
||||||||||||||||||
SOURCE Sohu.com Restricted
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