Categories AlphaGraphs, Earnings, Technology
BIDU Earnings: Highlights of Baidu’s Q4 2024 financial results
Baidu, Inc. (NASDAQ: BIDU) on Tuesday reported a decline in revenue and adjusted profit for the fourth quarter of fiscal 2024.
Total revenues of the China-based internet search service provider dropped 2% year-over-year to RMB34.1 billion ($4.68 billion) in the December quarter. The Baidu app had 679 million monthly active users at the end of the quarter, up 2% year-over-year.
Fourth-quarter adjusted earnings dropped to RMB19.18 per ADS ($2.63 per ADS) from RMB21.86 per ADS in the corresponding period of fiscal 2023. On an unadjusted basis, net income was RMB14.26 per ADS ($1.95 per ADS).
Prior Performance
Most Popular
Walgreens Boots Alliance set to report Q2 earnings. Here’s what to expect
Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a market leader in health and wellness services, is preparing to report second-quarter results, with market watchers forecasting a mixed outcome. As part of
Chewy (CHWY) is set for meaningful growth in the coming year, here’s why
Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a
GME Earnings: GameStop Q4 2024 profit rises; sales down 28%
Video game company GameStop Corp. (NYSE: GME) has reported an increase in fourth-quarter 2024 earnings, despite a double-digit fall in revenues. Net sales decreased to $1.28 billion in the fourth
