SOHU: Expect Inline 2Q15 Driven By Mobile Games and Video Views; Maintain Hold Rating
SOHU will report 2Q15 results on Monday, July 27th before the markets open with an 8:30am ET conference call. We expect 2Q15 results to come in inline with consensus driven by strong growth of mobile games. While SOHU makes improvements in mobile games, the whole business is still in the phase of searching for a new growth engine. Therefore, we maintain our Hold rating on the stock.