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Technology Stocks : Baidu (BIDU) -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (1660)10/29/2012 6:28:02 PM
From: Sr K  Respond to of 2098
 
Did Baidu miss revenue expectations?

Here's what they stated 7/23/12 in the Q2 release and in the cc:

Baidu Announces Second Quarter 2012 Results
07/23/12

Outlook for Third Quarter 2012

Baidu currently expects to generate total revenues in an amount ranging from RMB6.245 billion ($983.0 million) to RMB6.410 billion ($1.009 billion) for the third quarter of 2012, representing a 49.6% to 53.5% year-over-year increase. This forecast reflects Baidu's current and preliminary view, which is subject to change.