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Baidu Reports Q4 Earnings Beat, Shares Tank On Grim Q1 Outlook Due To Coronavirus
Friday, February 28, 2020 - 12:12am | 364Baidu Inc. (NYSE: BIDU) reported its earnings for the fourth quarter of the financial year 2019 on Thursday. What Happened The Chinese internet giant posted total revenue of about $4.1 billion, up 6% from the $3.9 billion posted in the similar quarter last year and 3% higher than the previous...
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Citigroup Maintains Bullish View On BIDU
Friday, January 7, 2011 - 10:59am | 88Citigroup is maintaining its bullish view on Baidu, Inc. (NASDAQ: BIDU) and believes the drivers for 2011 will come from: “1) Organic growth and improvement in customer ARPU.” “2) Increased demand from E-commerce companies on keywords and display advs.” “3) Gradual ramp of contextual advs...