Scalper1 News
Sohu.com (SOHU) topped Wall Street’s first-quarter expectations as advertising revenue grew and mobile search traffic surged. The Chinese online media and search portal’s GAAP net loss narrowed to 81 cents a share from $2.05, beating forecasts for a $1.22 per-share loss. Revenue grew 24.6% to $455.3 million, above views for $439.3 million. Total online advertising revenue rose 36% to $239 million, and revenue for search engine Sogou jumped 66% to Scalper1 News
Scalper1 News