Baidu Announces Second Quarter 2019 Results

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Go back to Baidu Announces Second Quarter 2019 Results

Baidu.com (BIDU) Tops Q2 EPS by 60c

August 19, 2019 4:31 PM EDT

Baidu.com (NASDAQ: BIDU) reported Q2 EPS of $1.47, $0.60 better than the analyst estimate of $0.87. Revenue for the quarter came in at $3.85 billion versus the consensus estimate of $3.66 billion.

"Our focus on strengthening Baidu's mobile ecosystem through knowledge-based content, BJH accounts, smart mini programs and managed pages on Baidu's platform is translating into better user experience, stronger traffic growth, and, we believe, ultimately higher conversion for our customers. In June, Baidu App DAUs reached 188 million,... More