Sohu says quarterly profit up 17 percent
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.