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Technology Stocks : Baidu (BIDU)
BIDU 119.30+0.4%Dec 16 3:59 PM EST

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From: Frank Sully11/17/2021 4:02:54 AM
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Baidu EPS beats by RMB1.71, revenue in-line

Nov. 17, 2021 3:48 AM ET

By: Mamta Mayani, SA News Editor
  • Q3 Non-GAAP EPS of RMB14.66 beats by RMB1.71; GAAP EPS of -$7.48.
  • Revenue of RMB31.92B (+13.1% Y/Y) in-line.
  • For Q4 2021, Baidu expects revenues to be between RMB 31.0B ($4.81B) and RMB 34.0B ($5.27B).
  • "Baidu Core delivered another solid quarter, powered by our AI cloud revenue growing 73% year over year," said Rong Luo, CFO of Baidu.
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