SOHU » Topics » Highlights For Fiscal 2005

This excerpt taken from the SOHU 8-K filed Feb 8, 2006.

Highlights For Fiscal 2005

 

- Record total revenues of US$108.3 million, up 5% year-on-year

 

- Advertising revenues increased 27% year-on-year to US$70.9 million

 

- Fiscal 2005 U.S. GAAP net income of US$29.8 million or US$0.77 per fully diluted share

 

- Operating profit of US$24.8 million with operating profit margin of 23%

 

Charles Zhang, Chairman and CEO of Sohu.com stated, “We had a very good quarter. We continued to execute on our core business initiatives of growing our online advertising business and developing our healthy sponsored search segment following our search product upgrade to Sogou 2.5. Our solid fourth quarter financial results,

 

-5-


which have exceeded company top and bottom line guidance during a seasonally weak quarter, demonstrate the strength and momentum in our business. Fiscal 2005 experienced a solid 27% year-on-year increase in advertising revenues supplemented by our steadily improving wireless business.”

 

This excerpt taken from the SOHU 8-K filed Aug 2, 2005.

Highlights for the second quarter 2005:

 

    Total revenues of US$25.9 million, within high end of company guidance

 

    Advertising revenues of US$17.0 million, a 27% year-on-year and 14% quarter-on-quarter improvement

 

    Non-advertising revenues of US$8.9 million, with wireless revenue up 7% quarter-on-quarter, reflecting a continuing recovery in the company’s wireless business

 

    Net profit of US$7.1 million or US$0.18 per fully diluted share, meeting company guidance

 

    The closing on May 31, 2005 of the acquisition of Go2Map, a leading online mapping services provider

 

“We are pleased to report a solid performance in our top and bottom line for the second quarter with healthy growth in our brand advertising, a strong uptake in our search revenue as traffic on our search engine SoGou shows rapid growth, and the recovery of our wireless business well on track,” said Charles Zhang, Chairman and CEO of SOHU.

 

This excerpt taken from the SOHU 8-K filed Apr 29, 2005.

Highlights for the first quarter 2005:

 

    Total revenues of US$23.73 million, above company guidance

 

    Advertising revenue of US$14.86 million, within the high end of company guidance

 

    Non-advertising revenue of US$8.87 million, exceeding company guidance due to wireless business recovery resulting in 28% quarter-on-quarter growth

 

    Net profit of US$5.71 million or US$0.15 per fully diluted share, meeting company guidance

 

“We are pleased to report these first quarter results. Despite seasonal weakness in online advertising due to the Chinese New Year holidays in February, advertising and sponsored search sales performed strongly relative to our expectations. Wireless business has turned the corner with quarterly sequential revenue growth exceeding our expectations, indicating that we have left last year’s transitional and regulatory issues behind us. As a result, we believe SOHU’s first quarter results put us on firm ground for a good business year. I am particularly pleased to note that quarter-on-quarter sponsored search revenue achieved some growth while search traffic doubled,” said Charles Zhang, Chairman and CEO of SOHU.

 

"Highlights For Fiscal 2005" elsewhere:

Baidu.com (BIDU)
Netease.com (NTES)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki