Sohu posted a loss of $38 million in the second quarter of 2019, with a year-on-year decrease of 22%

The 2019 Q2 financial results announced by Sohu (NASDAQ: SOHU) today showed that its revenue in Q2 reach $475 million, with a 2% decline year-on-year. Excluding the one-time impairment related to the advertising of CYOU Jingmao in 2019 Q2, Sohu Group (including Sohu Media, Sohu, Video, Sogou, and CYOU) lost $38 million, and the loss in the same period of 2018 was $49 million, with a decrease of 22% year on year.