UPDATE 1-Sohu Q3 profit rises, online games help

* Q3 non-GAAP EPS up 21 pct to $1.16

* Q3 GAAP EPS up 12 pct to $1.01

* Sees Q4 non-GAAP EPS of $1.10-$1.15

* Sees Q4 revenue of $163 mln-$168 mln

(Adds details)

Oct 25 (BestGrowthStock) – China’s No.2 Internet portal Sohu.com Inc
(SOHU.O: ) posted higher third-quarter profit (Read more your timing to make a profit.) helped by strong
growth in each of its four major business segments, including
online games and brand advertising.

After deducting the share of net income relating to the
non-controlling interest, GAAP net income was up 12 percent to
$38.7 million, or $1.01 a share, the company said.

Non-GAAP net income rose 21 percent to $45.2 million, or
$1.16 a share, from the year-ago period.

Total revenue rose 20 percent to $164.1 million.

Analysts, on average, were expecting earnings of 90 cents a
share, on revenue of $156.7 million, according to Thomson
Reuters I/B/E/S.

Online games revenue rose 25 percent to $85.6 million, while
brand advertising revenue went up 22 percent to $59.1 million,
the company said.

For the fourth quarter, Sohu said it expects non-GAAP
earnings of $1.10 to $1.15 a share, on revenue of $163 million
to $168 million.

Analysts, on average, were expecting fourth-quarter earnings
of 95 cents a share, on revenue of $162.6 million, according to
Thomson Reuters I/B/E/S.

(Reporting by Sakthi Prasad in Bangalore; Editing by Erica
Billingham)

UPDATE 1-Sohu Q3 profit rises, online games help