Earnings Call Summary | Sohu.com(SOHU.US) Q2 2024 Earnings Conference
Earnings Call Summary | Sohu.com(SOHU.US) Q2 2024 Earnings Conference
The following is a summary of the Sohu.com Limited (SOHU) Q2 2024 Earnings Call Transcript:
以下是搜狐有限公司（SOHU）2024年第二季度業績會議電話交流摘要:
Financial Performance:
金融業績：
Sohu.com reported Q2 2024 total revenues of $172 million, up 13% year-over-year and 24% quarter-over-quarter.
Brand advertising revenues were $20 million, down 17% year-over-year but up 24% quarter-over-quarter.
Online game revenues increased to $147 million, up 24% year-over-year and 25% quarter-over-quarter.
GAAP net loss was $38 million, worsened from $21 million in the same quarter last year.
搜狐2024年第二季度總營業收入爲17200萬美元，同比增長13%，環比增長24%。
品牌廣告營業收入爲2000萬美元，同比下降17%，環比增長24%。
在線arvr遊戲營業收入增至14700萬美元，同比增長24%，環比增長25%。
根據GAAP淨虧損達3800萬美元，比去年同期的2100萬美元惡化。
Business Progress:
業務進展：
Focus on enhancing user experience through innovative features and promoting social interactions among users.
Hosted various offline and online events to stimulate content creation and user engagement.
Launched new and updated versions of games, with plans to continue these launches to keep the player base engaged.
Executed a share repurchase program, acquiring $26 million worth of ADS.
注重通過創新特點增強用戶體驗，促進用戶之間的社交互動。
舉辦各種線上和線下活動，刺激內容創作和用戶互動。
推出新版和更新版遊戲，並計劃繼續推出這些新版本，以保持玩家粘性。
執行了股份回購計劃，收購2600萬美元的ADS。
Opportunities:
機會：
Continual investment in innovative marketing campaigns and platforms to attract advertising despite overall market challenges.
Plan to expand internationally, and invest in content and technology innovation to enhance core competitiveness in gaming.
Potential rebound in gaming revenue from the newly aligned development strategies for Westward Journey.
儘管市場整體面臨挑戰，但持續投資於創新營銷活動和平台，以吸引廣告業務。
計劃擴展國際業務，並投資於內容和科技創新，以增強arvr遊戲的核心競爭力。
根據新的開發策略，西遊系列遊戲的營收有望反彈。
Risks:
風險：
Declining trend in brand advertising revenues due to cautious advertiser spending in a challenging macroeconomic environment.
Expected decrease in online game revenues in Q3 2024 due to the natural decline of older games and temporary challenges in some new games.
Operationally, high sales and marketing costs are anticipated to continue impacting the profitability.
由於謹慎的廣告主支出和具有挑戰性的宏觀經濟環境，品牌廣告收入呈下降趨勢。
由於較老遊戲的自然衰退和某些新遊戲的暫時性挑戰，預計2024年第三季度在線arvr遊戲收入將下降。
從運營角度來看，高昂的銷售和營銷成本預計將繼續影響盈利能力。
More details: Sohu.com IR
更多詳情：搜狐.com投資者關係。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。