share_log

Sohu Clocks 5% Revenue Decline In Q2

Sohu Clocks 5% Revenue Decline In Q2

搜狐第二季度營收下降5%
Benzinga Real-time News ·  2022/08/08 18:40
  • Sohu.com Limited (NASDAQ:SOHU) reported a second-quarter FY22 revenue decline of 5% year-on-year to $195 million. Revenue was up 1% Q/Q.
  • Brand advertising revenues declined 32% Y/Y to $25 million. 
  • Online game revenues increased 4% Y/Y to $157 million.
  • The non-GAAP gross margin was 73%, contracting 300 basis points Y/Y and declining 200 basis points sequentially. The non-GAAP gross margin for online games was 84% versus 89% last year and 86% in the prior quarter.
  • GAAP earnings per ADS were $0.25. Non-GAAP earnings per ADS were $0.36.
  • Sohu held $1.46 billion in cash and equivalents.
  • Average monthly active user accounts for Changyou PC games decreased 7% Y/Y to 2.3 million. Average MAU for Changyou mobile games rose 7% Y/Y to 2 million.
  • Charles Zhang, Chairman and CEO of Sohu.com, commented, "In the second quarter of 2022, COVID-19 and related prevention measures disrupted normal economic activity nationwide. We met the challenge proactively by refining our products and technology and exploring a range of monetization opportunities. Our brand advertising revenue met the high end of our previous guidance during the quarter. Thanks to the solid performance of our online game business, our profitability exceeded guidance."
  • Outlook: Sohu sees Q3 brand advertising revenue decrease 17%-26% Y/Y to $25 million - $28 million.
  • It sees Q3 online game revenues decline of 11%-17% Y/Y to $138 million - $148 million.
  • Sohu estimates to report a loss on both GAAP and non-GAAP basis.
  • Price Action: SOHU shares closed higher by 0.24% at $16.70 on Friday.
  • 搜狐有限公司納斯達克(Sequoia Capital:SOHU)公佈,其22財年第二季度營收為1.95億美元,同比下降5%。營收環比增長1%。
  • 品牌廣告收入同比下降32%,至2500萬美元。
  • 網絡遊戲收入同比增長4%,達到1.57億美元。
  • 非公認會計準則毛利率為73%,同比收縮300個基點,環比下降200個基點。網絡遊戲的非公認會計準則毛利率為84%,而去年為89%,上一季度為86%。
  • 美國通用會計準則的每股美國存托股份收益為0.25美元。非公認會計準則每股美國存托股份收益為0.36美元。
  • 搜狐持有14.6億美元現金及現金等價物。
  • 暢遊的平均月活躍用户帳號 個人電腦遊戲同比下降7%,至230萬。暢遊的平均MAU 手機遊戲同比增長7%,達到200萬。
  • 搜狐董事長兼首席執行官張朝陽表示:“2022年第二季度,新冠肺炎及相關防範措施擾亂了全國範圍內的正常經濟活動。我們通過改進產品和技術,探索一系列盈利機會,積極應對挑戰。本季度,我們的品牌廣告收入達到了之前指引的高端。得益於我們網絡遊戲業務的穩健表現,我們的盈利能力超出了指引。”
  • 展望:搜狐預計第三季度品牌廣告收入同比下降17%-26%,至2500萬-2800萬美元。
  • 該公司預計第三季度網絡遊戲收入同比下降11%-17%,至1.38億-1.48億美元。
  • 搜狐預計將同時在公認會計準則和非公認會計準則基礎上報告虧損。
  • 價格行動:搜狐股價週五收高0.24%,報16.70美元。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
    搶先評論