Categories AlphaGraphs, Earnings, Technology
BIDU Earnings: Baidu Q3 2024 adjusted profit drops on lower revenues
Internet search service provider Baidu, Inc. (NASDAQ: BIDU) Thursday reported a decline in adjusted profit for the third quarter of 2024. Revenues declined modestly year-over-year.

Total revenues of the China-based tech firm dropped 3% year-over-year to RMB33.6 billion ($4.78 billion) in the September quarter. The Baidu app had 704 million monthly active users at the end of the quarter, up 6% year-over-year.
Third-quarter adjusted earnings dropped to RMB16.6 per ADS ($2.37 per ADS) from RMB20.40 per ADS in the corresponding period of fiscal 2023. On an unadjusted basis, net income was RMB21.6 per ADS ($3.08 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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
