|Bid||0.00 x 800|
|Ask||21.06 x 900|
|Day's range||19.88 - 21.36|
|52-week range||5.41 - 25.71|
|Beta (5Y monthly)||2.87|
|PE ratio (TTM)||N/A|
|Earnings date||02 Nov 2020 - 06 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||25.27|
Sohu.com's (SOHU) second-quarter 2020 results reflect decline in online advertising revenues, partially offset by improvement in online games business amid coronavirus lockdown.
Shares of Sohu.com (NASDAQ: SOHU), a Chinese media, search, and gaming company, were sliding Monday after it posted a disappointing second-quarter earnings report and management offered weak guidance for the third quarter. Revenue from search advertising declined 13% to $241 million, and brand advertising revenue fell by a similar percentage. Online gaming sales were up slightly year over year, though they declined from the first quarter as more people in China returned to work.
Thank you for joining Sohu's Second Quarter 2020 Earnings Conference Call. Thank you for joining us today to discuss Sohu's second quarter 2020 results. On the call are Chairman and Chief Executive Officer, Dr. Charles Zhang; CFO, Joanna Lv; and Vice President of Finance, James Deng.