Earnings Call Summary | Sohu.com(SOHU.US) Q1 2024 Earnings Conference
Earnings Call Summary | Sohu.com(SOHU.US) Q1 2024 Earnings Conference
The following is a summary of the Sohu.com Limited (SOHU) Q1 2024 Earnings Call Transcript:
以下是搜狐有限公司（SOHU）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Sohu.com reported total revenues of $139 million in Q1 2024, showing a decrease of 14% year-over-year and 1% quarter-over-quarter.
Brand advertising revenues were at $16 million, down by 29% year-over-year and 20% quarter-over-quarter.
The company's online gaming revenues stood at $118 million, indicating a 9% year-over-year drop but a 3% quarter-over-quarter increase.
Both GAAP and Non-GAAP net loss attributable increased when compared to the respective periods of the previous year and the previous quarter.
搜狐報告稱，2024年第一季度的總收入爲1.39億美元，同比下降14％，同比下降1％。
品牌廣告收入爲1,600萬美元，同比下降29％，同比下降20％。
該公司的在線遊戲收入爲1.18億美元，同比下降9％，但同比增長3％。
與去年同期和上一季度相比，GAAP和非GAAP淨虧損的應占淨虧損均有所增加。
Business Progress:
業務進展：
Sohu has made upgrades across Sohu Media and Sohu Video in terms of product improvements, algorithm upgrades, and user experience.
Sohu News and Sohu Video apps have been integrated to boost content distribution and consumption alongside various offline promotions to spur user engagement.
The company is diversifying its game portfolio, producing various types, such as RPGs, sports games, casual games, etc.
1.7 million ADS were repurchased under their share repurchase program, costing approximately $17 million.
For Q2 2024, online game revenues are expected to be between $133 million and $143 million, with anticipated increased capital expenditure due to AI platform development.
搜狐在產品改進、算法升級和用戶體驗方面對搜狐媒體和搜狐視頻進行了升級。
整合了搜狐新聞和搜狐視頻應用程序，以促進內容分發和消費，同時還進行了各種線下促銷活動，以刺激用戶參與度。
該公司正在多元化其遊戲組合，生產各種類型，例如角色扮演遊戲、體育遊戲、休閒遊戲等。
根據其股票回購計劃，回購了170萬份ADS，耗資約1700萬美元。
2024年第二季度，在線遊戲收入預計在1.33億美元至1.43億美元之間，由於人工智能平台的開發，預計資本支出將增加。
More details: Sohu.com IR
更多詳情： 搜狐紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。