Shares of Baidu BIDU rose in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share fell 19.16% over the past year to $3.08, which beat the estimate of $2.61.
Revenue of $4,638,000,000 higher by 11.79% from the same period last year, which missed the estimate of $4,650,000,000.
Outlook
Baidu Sees Q1 Sales $4B-$4.4B vs $3.99B Estimate
How To Listen To The Conference Call
Date: Feb 17, 2021
Time: 08:15 PM
ET Webcast URL: https://apac.directeventreg.com/der/toRegistration.action
Recent Stock Performance
52-week high: $326.50
Company's 52-week low was at $82.00
Price action over last quarter: Up 114.71%
Company Profile
Baidu is the largest Internet search engine in China with mid-70s mobile traffic share in the search market. The firm generates 86% of revenue from online marketing services and the rest from other segments. Baidu is a technology-driven company and has been investing in AI technology, such as autonomously driven cars.
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