News: Sohu Quarterly net profit fell 91% year-on-year

Beijing time February 10 afternoon news, Sohu (Nasdaq:sohu) released today in the 2013 fiscal year, the first quarter and the year without audit results. The last quarter, Sohu total revenue of 385 million U.S. dollars, an increase of 29% per cent, according to the United States General Accounting Standards (GAPP), Sohu net profit of 2 million U.S. dollars, diluted earnings per share of 0.06 U.S. dollars, down 91.3%, but still more than Wall Street analysts expected.

In the quarter of 2013, Sohu's total revenue was 385 million U.S. dollars, up 29% from the same period in 2012, up 5% from the previous quarter; According to the United States General Accounting Standards (GAPP), attributable to Sohu's net profit of 2 million U.S. dollars per share of diluted net income of 0.06 dollars, year-on-year decline of 91.3% , not according to the United States General Accounting Standards (NON-GAPP), the net profit attributable to Sohu is 5 million U.S. dollars, diluted per share net income of 12 cents.

According to Yahoo's financial data, 7 of Wall Street analysts on average expect Sohu to lose $0.36 a share in the quarter, according to US GAAP. The earnings showed Sohu's earnings of 0.06 dollars per share in the quarter, exceeding analysts ' expectations.

In addition, 10 Wall Street analysts on average expect Sohu's quarterly revenue to reach $386.75 million trillion. Earnings showed Sohu's quarterly revenue of 385 million U.S. dollars, less than analysts expected.

Fiscal year 2013, Sohu's total revenue of 1.4 billion U.S. dollars, compared to 2012 growth of 31%; According to the United States General Accounting Standards (GAPP), Sohu Net loss of 18 million U.S. dollars a year, diluted net loss of 47 cents per share, 2012 net profit of 64 million U.S. dollars. Not according to the United States General Accounting Standards (Non-gapp), 2013 to Sohu Company's net profit of 71 million U.S. dollars, diluted per share net income of 1.84 U.S. dollars, compared with the 2012 degree of 28% decline.

According to Yahoo's financial data, 7 of Wall Street analysts on average expect Sohu to lose $0.84 a share in 2013, according to U.S. General Accounting Standards (GAAP). Earnings showed that Sohu 2013 per share loss of 0.47 U.S. dollars, more than analysts expected.

In addition, according to Yahoo's financial summary data, Wall Street 10 analysts average estimates, according to U.S. General Accounting Standards (GAAP), Sohu 2013 annual revenue will reach 1.4 billion U.S. dollars. Earnings showed that Sohu's annual revenue for 2013 was $1.4 billion trillion, unchanged from analysts ' forecasts.