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
McDonald’s Q1 Earnings Preview: Signs of improvement or more challenges ahead?
McDonald's Corporation (NYSE: MCD) is actively working to recover from the recent food contamination incident, which has hurt sales and dealt a blow to its reputation. The focus is on
Snap (SNAP) set to report its Q1 2025 earnings results, a few points to note
Shares of Snap Inc. (NYSE: SNAP) were up over 2% on Monday. The stock has dropped 19% in the past three months. The technology company is set to report its first
Domino’s Pizza (DPZ) Q1 2025 Earnings: Key financials and quarterly highlights
Domino’s Pizza, Inc. (NASDAQ: DPZ) reported its first quarter 2025 earnings results today. Revenues increased 2.5% year-over-year to $1.11 billion, primarily due to higher US franchise advertising revenues, higher supply
