Baidu Announces Fourth Quarter and Fiscal Year 2023 Results

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Baidu (BIDU) shares slip after Q4 revenue miss

February 28, 2024 5:27 AM EST

Baidu (NASDAQ: BIDU) shares slipped more than 1.3% in premarket trading Wednesday after the Chinese internet giant reported worse-than-expected FQ4 revenue.

Earnings per share (EPS) was reported at RMB21.86, topping the consensus expectations of RMB17.58. Revenue came in at RMB34.95 billion, missing the projected... More