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 highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
