Key Developments: Sohu.Com Inc (SOHU.OQ)
11 Mar 2014
Latest Key Developments (Source: Significant Developments)
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
BEIJING - A group of Chinese Internet firms, including Tencent Holdings and Sohu.Com Inc, has joined a top U.S. film industry body in seeking 300 million yuan ($49.2 million) in damages from China's Baidu Inc and QVOD for copyright violation.