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Sohu.com Posts Q1 Profit, But Revenue Drops


Sohu.com Posts Q1 Profit, But Revenue Drops

Chinese internet company Sohu.com Ltd (SOHU) on Monday turned to profit in the first quarter of 2025, compared to loss a year ago, reflecting income tax benefits and lower operating expenses. The company also revealed its outlook for the next quarter.

The company posted net income attributable to Sohu.com Ltd of $182.16 million or $6.07 per ADS share in the first quarter, compared to net loss of $24.97 million or $0.76 per ADS share in the same quarter last year.

On an adjusted basis, loss attributable to Sohu.com Ltd came in at $16.47 million or $0.55 per ADS share, compared to loss of $21.59 million or $0.65 per ADS share in the previous-year quarter.

During the three-month period, the company posted revenues of $135.65 million, down 3 percent from $139.39 million in the last-year quarter.

The company's operating loss narrowed to $19.03 million from $26.88 million a year ago. Operating expenses for the first quarter were $121.53 million, down 9 percent from last year quarter's $133.55 million.

Sohu.com Ltd also revealed outlook for the second quarter. The company estimates net loss attributable to Sohu.com Ltd, both on a GAAP and adjusted basis, to be between $20 million and $30 million in the second quarter.

During the three-month period, the company expects marketing services revenues between $16 million and $17 million, down 14 percent to 19 percent from the same period last year. Online game revenues are expected between $96 million and $106 million, down 28 percent to 35 percent from the previous-year period.

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