Ekonomické zprávy
22.08.2024

Company news: Baidu (BIDU) posts mixed quarterly results

Baidu (BIDU) reported Q2 FY2024 earnings of RMB21.02 per share (versus RMB22.55 per share in Q2 FY2023), beating analysts’ consensus estimate of RMB18.57 per share.

The company’s quarterly revenues amounted to RMB33.931 bln (-0.4% y/y), missing analysts’ consensus estimate of RMB34.115 bln.

BIDU rose to $89.75 (+0.01%) in pre-market trading.

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