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
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
