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

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

Baidu (BIDU) Tops Q2 EPS, Revenue

August 22, 2023 6:07 AM EDT

Baidu (NASDAQ: BIDU) reported Q2 EPS of RMB22.55, RMB5.74 better than the analyst estimate of RMB16.81. Revenue for the quarter came in at RMB34.06 billion versus the consensus estimate of RMB33.33 billion.

Revenue is U.S. $ was $4.697 billion, versus the consensus of $4.57 billion.... More