Categories AlphaGraphs, Earnings, Technology

BIDU Earnings: A snapshot of Baidu’s Q3 2023 financial results

Baidu, Inc. (NASDAQ: BIDU) reported higher revenues and adjusted earnings for the third quarter of 2023. Both operating segments — Baidu Core and iQIYI registering growth.

Baidu Q3 2023 earnings infographic

Total revenues of the China-based technology company increased 6% year-over-year to RMB34.4 billion ($4.72 billion) in the September quarter. The Baidu app had 663 million monthly active users at the end of the quarter, which is up 5% year-over-year.

Third-quarter adjusted earnings moved up to RMB20.40 per ADS ($2.80 per ADS) from RMB16.87 per ADS in the corresponding period of fiscal 2022. On an unadjusted basis, net income was RMB18.22 per ADS ($2.50 per ADS).

Prior Performance

  • Baidu Q3 2022 earnings infographic

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

Infographic: How Macy’s (M) performed in Q4 2023 financial results

Macy’s, Inc. (NYSE: M) reported fourth quarter 2023 earnings results today. Net sales were $8.1 billion, down 1.7% versus the same period a year ago. Total revenue dropped to $8.37

AZO Earnings: AutoZone’s Q2 2024 earnings rise on higher sales

AutoZone, Inc. (NYSE: AZO) announced financial results for the second quarter of 2024, reporting higher sales and net profit. The company had a total of 7,191 stores open at the end

SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results

The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today. Net sales increased 1% year-over-year to $2.23 billion. Comparable sales increased 6%. Net income decreased 42% to

Add Comment
Viewing Highlight