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- Company news: Baidu’s (BIDU) quarterly results beat analysts’ forecasts
Ekonomické zprávy
16.05.2024
Company news: Baidu’s (BIDU) quarterly results beat analysts’ forecasts
Baidu (BIDU) reported Q1 FY2024 earnings of RMB19.91 per share (versus RMB16.10 per share in Q1 FY2023), beating analysts’ consensus estimate of RMB15.98 per share.
The company’s quarterly revenues amounted to RMB31.513 bln (+1.2% y/y), beating analysts’ consensus estimate of RMB31.339 bln.
BIDU rose to $112.80 (+1.85%) in pre-market trading.
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