Categories AlphaGraphs, Earnings, Technology
BIDU Earnings: Everything you need to know about Baidu’s Q4 2023 report
Baidu, Inc. (NASDAQ: BIDU) reported a sharp increase in adjusted profit for the fourth quarter of 2023. Revenue was up 6%. Both operating segments — Baidu Core and iQIYI registering growth.
Total revenues of the China-based technology company increased 6% year-over-year to RMB34.95 billion ($4.92 billion) in the December quarter. The Baidu app had 667 million monthly active users at the end of the quarter, which is up 3% year-over-year.
Fourth-quarter adjusted earnings moved up to RMB21.86 per ADS ($3.08 per ADS) from RMB15.25 per ADS in the corresponding period of fiscal 2022. On an unadjusted basis, net income was RMB6.77 per ADS ($0.95 per ADS).
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its
