Baidu (BIDU) shares slip after Q4 revenue miss

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Go back to Baidu (BIDU) shares slip after Q4 revenue miss

Baidu Announces Fourth Quarter and Fiscal Year 2023 Results

February 28, 2024 4:00 AM EST

BEIJING, Feb. 28, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong Internet foundation, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023.

"Baidu Core reported another solid quarter," said Robin Li, Co-founder and CEO of Baidu. "Throughout 2023, we made significant strides in advancing ERNIE and ERNIE Bot, reinventing our products and services, and achieving breakthroughs in monetization.... More