Sohu.com's Q2 Revenue Dips; Henry Schein Posts Mixed Results
- August 07th, 2023
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Sohu.com Limited (Nasdaq: SOHU) revealed its unaudited second quarter 2023 financial results, reporting a total revenue of $152 million, down 22% year-over-year and 6% sequentially.
The company reported a Non-GAAP net loss of $18 million, translating to a net loss of $0.52 per fully-diluted ADS. This contrasts with a net income of $12 million in the same period last year and a net loss of $13 million in Q1 2023.
In pre-market, $SOHU was trading at $11.95, showing a decline of $0.51 (-4.09%)
In other news, the medical solutions provider Henry Schein, Inc. (Nasdaq: HSIC) posted second quarter 2023 adjusted earnings per share (EPS) of $1.31, surpassing the consensus estimate of $1.28. However, the company's quarterly revenues reached $3.10 billion, falling short of the expected $3.13 billion.
$HSIC was trading at $78.10 in pre-market, up $0.01 (+0.01%).
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