Earnings Call Summary | Sohu.com(SOHU.US) Q2 2024 Earnings Conference
Earnings Call Summary | Sohu.com(SOHU.US) Q2 2024 Earnings Conference
The following is a summary of the Sohu.com Limited (SOHU) Q2 2024 Earnings Call Transcript:
以下是搜狐有限公司（SOHU）2024年第二季度业绩会议电话交流摘要:
Financial Performance:
金融业绩：
Sohu.com reported Q2 2024 total revenues of $172 million, up 13% year-over-year and 24% quarter-over-quarter.
Brand advertising revenues were $20 million, down 17% year-over-year but up 24% quarter-over-quarter.
Online game revenues increased to $147 million, up 24% year-over-year and 25% quarter-over-quarter.
GAAP net loss was $38 million, worsened from $21 million in the same quarter last year.
搜狐2024年第二季度总营业收入为17200万美元，同比增长13%，环比增长24%。
品牌广告营业收入为2000万美元，同比下降17%，环比增长24%。
在线arvr游戏营业收入增至14700万美元，同比增长24%，环比增长25%。
根据GAAP净亏损达3800万美元，比去年同期的2100万美元恶化。
Business Progress:
业务进展：
Focus on enhancing user experience through innovative features and promoting social interactions among users.
Hosted various offline and online events to stimulate content creation and user engagement.
Launched new and updated versions of games, with plans to continue these launches to keep the player base engaged.
Executed a share repurchase program, acquiring $26 million worth of ADS.
注重通过创新特点增强用户体验，促进用户之间的社交互动。
举办各种线上和线下活动，刺激内容创作和用户互动。
推出新版和更新版游戏，并计划继续推出这些新版本，以保持玩家粘性。
执行了股份回购计划，收购2600万美元的ADS。
Opportunities:
机会：
Continual investment in innovative marketing campaigns and platforms to attract advertising despite overall market challenges.
Plan to expand internationally, and invest in content and technology innovation to enhance core competitiveness in gaming.
Potential rebound in gaming revenue from the newly aligned development strategies for Westward Journey.
尽管市场整体面临挑战，但持续投资于创新营销活动和平台，以吸引广告业务。
计划扩展国际业务，并投资于内容和科技创新，以增强arvr游戏的核心竞争力。
根据新的开发策略，西游系列游戏的营收有望反弹。
Risks:
风险：
Declining trend in brand advertising revenues due to cautious advertiser spending in a challenging macroeconomic environment.
Expected decrease in online game revenues in Q3 2024 due to the natural decline of older games and temporary challenges in some new games.
Operationally, high sales and marketing costs are anticipated to continue impacting the profitability.
由于谨慎的广告主支出和具有挑战性的宏观经济环境，品牌广告收入呈下降趋势。
由于较老游戏的自然衰退和某些新游戏的暂时性挑战，预计2024年第三季度在线arvr游戏收入将下降。
从运营角度来看，高昂的销售和营销成本预计将继续影响盈利能力。
More details: Sohu.com IR
更多详情：搜狐.com投资者关系。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。