Baidu Posts Better-Than-Expected Earnings, Highlights AI Progress

investors.com/news/technology/bidu-stock-baidu-earnings-q3-2023/?src=A00220

BIDU stock rose early Tuesday, after Chinese internet giant Baidu (BIDU) reported earnings and sales ahead of expectations for its third quarter.
For the three months ending Sept. 30, Baidu said it earned an adjusted $2.80 per share, ahead of analysts expectations of $2.39 per share, according to FactSet. Meanwhile, sales climbed 6% year over year to RMB 34.4 billion ($4.7…

This story appeared on investors.com, .
The Entire Business World on a Single Page. Free to Use →