share_log

搜狐2024年Q2营收1.72亿美元 同比增长13%超预期

Sohu.com's Q2 revenue in 2024 reached $0.172 billion, increasing by 13% year-on-year, exceeding expectations.

Zhitong Finance ·  Aug 5 13:02

Brand advertising revenue of $20 million, a MoM increase of 24%.

On August 5th, 2024, Sohu.com released its Q2 2024 financial report. The report showed that Sohu's total revenue for Q2 was $0.172 billion, a YoY increase of 13% and a QoQ increase of 24%.

Sohu founder, director and chairman, CEO Zhang Chaoyang said: 'In the Q2 of 2024, our brand advertising revenue reached the high end of previous expectations, and our online game revenue exceeded expectations. The net income is in line with previous expectations.'

The financial report showed that in Q2 2024, Sohu's total revenue was $0.172 billion. Among them, brand advertising revenue was $20 million, an increase of 24% QoQ, and online game revenue was $0.147 billion, an increase of 25% QoQ. The non-GAAP net loss attributable to Sohu was $34 million, as the company increased forward-looking investment in expanding platform scale and user acquisition.

Overall, 'In the aspects of Sohu Media and Sohu Video, relying on our increasingly optimized and interconnected product matrix, we are further promoting the generation and consumption of high-quality content, and effectively improving social interaction among users. Thanks to our differentiated projects and marketing activities, we continue to strengthen brand influence and explore diversified commercial opportunities. The online game business performed well, exceeding previous expectations,' said Zhang Chaoyang.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment