Baidu (BIDU) Tops Q2 EPS, Revenue

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Baidu (BIDU) posts blow-out Q2 earnings as revenues surge 15%, amps up AI bets

August 22, 2023 6:21 AM EDT

Baidu (NASDAQ: BIDU) gained over 4% in pre-open trading Tuesday after posting blow-out results on the top and bottom line in its second quarter, benefiting form its early investments in AI.

Revenue in U.S. dollars for the quarter was up 15% from last year to $4.697 billion, versus the... More