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Sohu says quarterly profit up 17 percent

Mon, 10/31/2011 - 1:05am
The Associated Press

Chinese Web portal Sohu.com Inc. says its latest quarterly profit rose 17 percent on strong online advertising and games revenue.

Sohu said Monday it earned $45 million, or $1.17 per share, in the three months ending Sept. 30. It said revenues rose 42 percent over a year ago to $233 million, beating expectations.

Sohu operates the Sogou search engine and a video service and has a noncontrolling interest in online games company Changyou.

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