Key Developments: Sohu.com Inc (SOHU.OQ)
66.31USD
17 Jun 2013
$1.43 (+2.20%)
$64.88
$65.13
$66.80
$64.93
195,455
188,897
$68.49
$33.75
Latest Key Developments (Source: Significant Developments)
Sohu.Com Inc Issues Q2 2013 Guidance Revenue Guidance Above Analysts' Estimates; Earnings Guidance Below Analysts' Estimates-Conference Call
Sohu.Com Inc announced that for second quarter of 2013, it expects total revenues to be between $333 million to $342 million and non-Gaap net income attributable to be between $19 million and $21 million, and non-GAAP fully diluted earnings per share (EPS) to be between $0.50 to $0.55. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $321 million, net income of $23 million and EPS of $0.61 for the second quarter of 2013. Full Article
Sohu.Com Inc Issues Q1 2013 Revenue Guidance Above Analysts' Estimates; Net Income And EPS Guidance Below Analysts' Estimates
Sohu.Com Inc announced that for the first quarter of 2013, it expects revenues between $290-$299 million, non-GAAP net income between $19-$21 million, and non-GAAP fully diluted earnings per share (EPS) between $0.50-$0.55. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $279 million, net income of $24 million and EPS of $0.58 for the first quarter of 2013. Full Article
Sohu.Com Inc Issues Q4 2012 Guidance; Net Income And EPS Guidance Above Analysts' Estimates
Sohu.Com Inc announced that for the fourth quarter of 2012, it expects total revenues to be between $288-$293 million, non-GAAP net income to be between $23-$25 million and non-GAAP fully diluted earnings per share (EPS) to be between $0.60-$0.65. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $290 million, net income of $20 million and EPS of $0.53 for the fourth quarter of 2012. Full Article
SOHU.com Issues Q3 2012 Guidance; Net Income And EPS Guidance Below Analysts' Estimates
SOHU.com announced that for the third quarter of 2012, it expects total revenues between $272-$277 million, non-GAAP net income between $19 -$21 million and non-GAAP fully diluted earnings per share (EPS) between $0.50-$0.55. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $274 million, net income of $24 million and EPS of $0.60 for the third quarter of 2012. Full Article
SOHU.com Issues Q2 2012 Outlook; Revenue and EPS Outlook Below Analysts' Estimates
SOHU.com announced that for the second quarter of 2012, it estimates total revenues to be between USD244-USD250 million, non-GAAP net income to be between USD34-USD37 million and non-GAAP fully diluted earnings per share (EPS) to be between USD0.40-USD0.45. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $251 million, net income of $32 million and EPS of $0.81 for the second quarter of 2012. Full Article
SOHU.com Issues Q1 2012 Guidance Below Analysts' Estimates
SOHU.com announced that for the first quarter of 2012, it expects total revenues to be between USD219-USD225 million, non-GAAP net income to be between USD38-USD41 million. and non-GAAP fully diluted earnings per share (EPS) to be between USD0.50-USD0.55. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $238 million, net income of $45 million and EPS of $1.13 for the first quarter of 2012. Full Article
Changyou.com Ltd Acquires Game Information Portal 17173.com From SOHU.com
Changyou.com Ltd and its majority shareholder, SOHU.com jointly announced that on November 29, 2011, they entered into a definitive agreement (the Transaction Agreement) for Changyou to acquire from Sohu the business of 17173.com (17173), a game information portal in China (the 17173 Business). Under the Transaction Agreement, Changyou will acquire from Sohu all assets associated with the 17173 Business for fixed cash consideration of USD162.5 million. The transaction is expected to close in December 2011. In connection with the Transaction Agreement, Sohu and Changyou have revised their existing non-competition agreement to provide Sohu's agreement not to compete with Changyou in the 17173 Business for a period of five years after the closing under the Transaction Agreement. Full Article
Spreadtrum Communications, Inc. and Sohu.com Partner To Deliver an App Store for Feature Phones
Spreadtrum Communications, Inc. announced a strategic partnership with Sohu.com Inc. Through this partnership, Sohu has developed a mobile app store for Spreadtrum's WRE (Windows Runtime Environment) platform for feature phones. Sohu will also use the app store, which supports applications both from Sohu and other mobile developers, to deliver rich Internet applications and services to China consumers. Full Article
SOHU.com Issues Q4 2011 Guidance Above Analysts' Estimates
SOHU.com announced that for the fourth quarter of 2011, it expects total revenues to be between USD241 million and USD246 million, Non-GAAP net income attributable to the Company to be between USD50.5 million and USD52.5 million and non-GAAP fully diluted earnings per share (EPS) to be between USD1.30 and USD1.35. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $235 million, net income of $49.4 million and EPS of $1.25 per share for the fourth quarter of 2011. Full Article
SOHU.com Issues Q3 2011 Guidance; Revenue And EPS Guidance Above Analysts' Estimates
SOHU.com announced that for the third quarter of 2011, it expects total revenues to be between USD225.0 million and USD230.0 million, Non-GAAP net income attributable to the Company to be between USD47.0 million and USD49.0 million and non-GAAP fully diluted earnings per share (EPS) to be between USD1.20 and USD1.25. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $207.9 million, net income of $48.0 and EPS of $1.18 for the third quarter of 2011. Full Article
Libya halts tender for telco management contract-Etisalat CEO
ABU DHABI, March 17 - Libya has halted a tender to manage the country's monopoly telecoms operator, the chief executive of United Arab Emirates' Etisalat said on Sunday.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
