Baidu.com (BIDU) Tops Q2 EPS by 8c, Offers Q3 Guidance

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Go back to Baidu.com (BIDU) Tops Q2 EPS by 8c, Offers Q3 Guidance

Baidu Announces Second Quarter 2020 Results

August 13, 2020 4:30 PM EDT

BEIJING, Aug. 13, 2020 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading search engine, knowledge and information centered Internet platform and AI company, today announced its unaudited financial results for the second quarter ended June 30, 20201.

"With COVID-19 becoming more manageable in China, Baidu's business is steadily rebounding. We are pleased that in-app revenue grew in the second quarter, despite a challenging macro environment, further validating our strategy to make Baidu App a super app through AI-powered building blocks and marketing cloud platform." said Robin Li, Co-founder and... More