SMS: Sohu third quarter net loss less than analysts expected

Beijing time November 3 afternoon news, Sohu (Nasdaq:sohu) today released the third quarter ended September 30, 2014 without the audit results. Earnings showed that Sohu's third quarter total revenue of 430 million U.S. dollars, an increase of 17%, the third quarter attributable to Sohu net loss of 28 million U.S. dollars, not according to the United States General Accounting Standards (NON-GAAP), the third quarter attributable to Sohu net loss of 23 million U.S. dollars.

According to Yahoo's financial data, 11 of Wall Street analysts on average estimate that Sohu's third-quarter U.S. depository Receipts (ADS) diluted a net loss of $1.14 per share in the US GAAP. Earnings showed that Sohu's third-quarter ads diluted net loss of 0.74 U.S. dollars, less than analysts expected.

In addition, on average, 12 Wall Street analysts expect Sohu's third-quarter total revenue to reach $437.42 million trillion. Earnings showed that Sohu's third-quarter total revenue was 430 million U.S. dollars, slightly below analysts ' expectations. (Lin)