Why Sohu.com (SOHU) Stock Is Down This Morning

NEW YORK (TheStreet) -- Shares of Sohu.com Inc. (SOHU) are down -5.69% to $54.70 in pre-market trade after the Chinese Internet company reported unaudited 2014 first quarter earnings results.

Total revenues were US$365 million, up 19% year-over-year and down 5% quarter-over-quarter.

Brand advertising revenues were US$111 million, up 38% year-over-year and down 10% quarter-over-quarter.

Sogou revenues were US$70 million, up 78% year-over-year and flat quarter-over-quarter.Online game revenues were US$163 million, down 2% year-over-year and 5% quarter-over-quarter.

GAAP net loss attributable to Sohu.com Inc. was US$79 million, or US$2.05 loss per fully-diluted share.

Non-GAAP net loss attributable to Sohu.com Inc. was US$48 million, or US$1.26 loss per fully-diluted share.

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TheStreet Ratings team rates SOHU.COM INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate SOHU.COM INC (SOHU) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity."

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