Baidu.com (BIDU) Tops Q1 EPS by 14c, Offers Q2 Guidance, CFO to Change Roles

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Go back to Baidu.com (BIDU) Tops Q1 EPS by 14c, Offers Q2 Guidance, CFO to Change Roles

Baidu Announces First Quarter 2017 Results

April 27, 2017 4:30 PM EDT

BEIJING, April 27, 2017 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 2017[1].

"As we move into 2017, Baidu's strategic evolution from a mobile-first to an AI-first company continues to gain momentum," said Robin Li, Chairman and CEO of Baidu. "While our investment in AI is a long-term proposition, we are already seeing the powerful benefits of AI bear fruit... More