SOHU rose nearly 2% in premarket trading as its net profit was $12 million in the third quarter

SOHU rose nearly 2% in premarket trading as its net profitwas $12 million in the third quarter. 

It announced its financial report for the third quarter of 2021, of which the total revenue in the third quarter was 216 million US dollars, a year-on-year increase of 37%; The net profit attributable to Sohu.com Company was 12 million US dollars, and the net loss in the same period last year was 15 million US dollars; Under non-GAAP, the net profit was US $17 million, compared with a net loss of US $7 million in the same period last year. Revenue and profit were better than previously expected.

In addition, the net profit of GAAP's continuing operations attributable to Sohu.com was 12 million US dollars, and the net loss in the same period last year was 15 million US dollars; The net profit of non-GAAP continuing operations attributable to Sohu.com was US $17 million, compared with a net loss of US $7 million in the same period last year.

By department, brand advertising revenue was 34 million US dollars, down 18% from the same period of 2020 and down 8% from the previous quarter; Revenue from online games was $167 million, up 65% from the same period in 2020 and 10% from the previous quarter.