Three new games postponed to Sohu share price down 7%

Beijing time July 28 morning news, according to foreign media reports, although Sohu and its gaming subsidiaries to swim in the second quarter than analysts expected, but because three new games were announced postponed the launch, leading to Sohu and share prices in Monday suffered a setback. "To prove the current high level of stock prices, investors want Sohu to launch several new games and new revenue options," said Adam Krejcik, analyst at Adam Corisich Capital, an American investment firm. But with the new game postponed, there's really nothing to get investors excited about. In Monday, Sohu's share price closed at 59.07 U.S. dollars, falling 7%. The tour closed at 38.17 dollars, falling 8%.　　Tour in April this year, Sohu has 68.5% of the shares, Sohu more than 50% of the sales from the swim business. Sohu released its second-quarter earnings in Monday, excluding a dip, with Sohu earning 79 cents a share, down 23% from the same period last year, and 4% per cent higher than the Thomson Reuters forecast.　　Sales of 127.1 million U.S. dollars, year-on-year growth of 25%, the chain growth of 10%.　　Sohu expects third-quarter sales to reach $133.5 million trillion to $137.5 million trillion, excluding one-time spending, with a thin earnings of 92 cents to 97 cents per share, up from analysts ' expected 86 cents. A dip of 66 cents per share in the second quarter fell 1.5%, compared with 6% of analysts ' forecasts.　　Sales of 66.6 million U.S. dollars, year-on-year growth of 39%, the chain growth of 8%. Third-quarter sales are expected to reach $67 million trillion to $69 million trillion, while analysts expect 68.9 million dollars.　　Excluding specific expenses, each share of diluted income of 75 cents to 77 cents, higher than analysts expected 13%. Hou Tian, Tian Hou, a market research firm Pali study, said that despite the strong performance in the second quarter, it was unclear whether the third quarter would have been possible due to the postponement of the new games. Hou Tian said: "We are concerned about the future prospects, the past performance has become history." After the adjustment, the new game, "The Deer Ding Kee" postponed to the third quarter of 2010, was scheduled to launch in the fourth quarter of this year. The immortal fait was postponed until the fourth quarter of 2010, when it planned to list in the second quarter of this year.　　The "Legend of the Ancient World", originally scheduled for the first quarter of 2010, was postponed to the second quarter. In this respect, Sohu CEO Charles Zhang said Monday, because the game market increasingly fierce competition, Sohu needs more time to further improve these games. He said: "Because the network game choice space is more and more big, the player also more and more ' picky '." "The competition in the game market is becoming more and more intense, like Hollywood investing in a blockbuster," said Jeffrey Lindsay, an analyst Jeffrey Lindsee Sanford Bernstein, an American investment firm. Sohu wants to make sure these games are high enough to reduce the risk of failure. "(Li Ming)