Chinese Internet portal Sohu.com Inc. (SOHU) said Monday its third-quarter net profit rose 9.6% from a year earlier because of strong advertising and online gaming revenue.

Sohu said in a statement its net profit for the three months ended Sept. 30 rose to $41.0 million from $37.4 million a year earlier.

The result was above the average $34.8 million forecast of nine analysts polled by Thomson Reuters.

The company's earnings per share rose to $1.01 a share from 88 cents a year earlier, compared with the average 90 cents forecast of 11 analysts.

Revenue rose 20% to $164.1 million from $136.6 million. Brand advertising revenue rose 22% to $59.1 million, and online game revenue rose 25% to $85.6 million.

The company said operating expenses excluding share-based compensation rose 7% from a year earlier to $50.1 million.

-By Aaron Back and Owen Fletcher, Dow Jones Newswires; (8610) 8400-7701; aaron.back@dowjones.com
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