Macquarie Downgrades Baidu (BIDU) to Neutral
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UPDATE: Baidu.com (BIDU) Tops Q3 EPS Views; Issues Light Q4 Revenue Outlook
October 27, 2016 4:31 PM EDT(Updated - October 27, 2016 4:33 PM EDT)
Baidu.com (NASDAQ: BIDU) reported Q3 EPS of $1.48, $0.40 better than the analyst estimate of $1.08. TAC was $389 million. Revenue was $2.74 billion versus the consensus of $2.71 billion.
Third Quarter 2016 Operational Highlights
Mobile search monthly active users... More