May. 19 at 5:00 AM
$SOHU Q1 results show a GAAP net income of
$182M, driven by a
$199M tax reversal, but Non-GAAP net loss of
$16M. Online games revenue flat YoY, up 7% QoQ. Q2 guidance projects lower game revenues and widening losses. Cash remains strong at
$1.2B. Mixed bag with one-time gains masking operational challenges.
https://www.prnewswire.com/news-releases/sohucom-reports-first-quarter-2025-unaudited-financial-results-302458672.html