Sohu.com delivers 6 percent rise in underlying quarterly profits

China based Internet Company Sohu.com has come out with their revenue reports and the company has delivered a stronger-than-expected 6 percent rise in underlying quarterly profit.

They have also posted an upbeat outlook on strong advertising sales. This helped the company gain at the stock market as their share prices improved in the market.

Sohu.com Inc. reported that its total advertising revenue in the quarter jumped 27 percent from a year earlier to $23.9 million. The company gained from increased advertising from automobile and information industries.

Sohu.com chief financial officer Carol Yu said in a statement on these results: “We are now able to offer our advertising in a much broader range of products and inventory. That is a more important revenue growth driver.”

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