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RadNet: Q3 Earnings Snapshot – WTOP News
The Beijing-based company posted revenue of $133.2 million and a loss of 60 cents per share, missing analysts’ earnings estimates.
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.