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- Company news: Baidu’s (BIDU) quarterly revenues slightly miss analysts’ forecasts
Ekonomické zprávy
28.02.2024
Company news: Baidu’s (BIDU) quarterly revenues slightly miss analysts’ forecasts
Baidu (BIDU) reported Q4 FY2023 earnings of RMB21.86 per share (versus RMB16.87 per share in Q4 FY2022), strongly beating analysts’ consensus estimate of RMB17.55 per share.
The company’s quarterly revenues amounted to RMB34.951 bln (+5.7% y/y), slightly missing analysts’ consensus estimate of RMB35.084 bln.
BIDU fell to $107.00 (-4.77%) in pre-market trading.
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