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Sohu's Q1 revenues jump 24%, turns to net income of USD 32 mln

Monday 17 May 2021 | 06:57 CET | News
Chinese online media, video, search and gaming group Sohu posted total revenues of USD 222 million, which represents an increase of 24 percent year-over-year and a decline of 12 percent quarter-on-quarter. Net income reached USD 32 million, or a net income of USD 0.80 per fully-diluted ADS, compared with a net loss of USD 10 million in the first quarter of 2020. However, Sohu's net income declined sequentially from USD 47 million in the fourth quarter of 2020.

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Categories: Internet
Companies: Sohu
Countries: China
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