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Stock impact report

Sohu Shows Modest Improvement [Seeking Alpha]

DoubleDown Interactive Co., Ltd. - American Depository Shares (DDI) 
Company Research Source: Seeking Alpha
Sohu shares are trading at a third below fair value. Sohu's Q2 results showed positive growth in total revenue, driven by an increase in online gaming segment revenue. Despite some positive changes, the company is still unprofitable. The company saw a significant increase in monthly active users of mobile gamers. Chinese Top 2 portal websites wonry/iStock Unreleased via Getty Images A year ago, I analyzed the Chinese computer game manufacturer Sohu ( NASDAQ: SOHU At the time , I was quite pessimistic about the company's future prospects. Although the company is still struggling in my opinion, there are some promising signs of improvement. The number of users of the company's mobile games has increased significantly, and this gives hope that the company's business model could become profitable in the future. Q2 results On August 5, Sohu announced its Q2 results , which were positive in many ways. For example, total revenue for the quarter was $172 million, which was 13 Show less Read more
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