RadNet: Q3 Earnings Snapshot – WTOP News
The Beijing-based company’s online game revenue fell 30% as operating expenses dropped 9%, while net loss widened to $15 million, the company said.
- On Monday, Sohu.com Limited reported a third-quarter 2026 net loss of $15 million, with total quarterly revenues reaching $133 million.
- Total revenues fell 26% year-over-year, largely driven by a 30% contraction in online game revenues to $114 million amid natural declines in mature titles.
- Marketing services revenue grew 10% to $15 million, bolstered by auto advertising comprising 42% of the segment, while the company repurchased 10.1 million American Depositary Shares for approximately $134 million.
- Chief Executive Officer Dr. Charles Zhang stated the fourth-quarter advertising environment appears "soft or weak," with the company projecting marketing service revenue between $13 million and $14 million.
- The company continues evolving its ecosystem through influencer-driven content and professional knowledge broadcasting, with "Tao's Physics Class" marking its fifth anniversary while management believes AI dramas and gaming will coexist long-term.
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