Baidu's Q3 Non-GAAP Earnings, Revenue Decrease

MT Newswires Live11-21 17:31

Baidu (BIDU) reported Q3 non-GAAP earnings Thursday of 16.60 Chinese renminbi ($2.37) per diluted American depositary share, down from 20.40 renminbi a year earlier.

Three analysts polled by FactSet expected 17.08 renminbi.

Revenue for the quarter ended Sept. 30 was 33.56 billion renminbi, compared with 34.45 billion renminbi a year earlier.

Analysts polled by FactSet expected 33.54 billion renminbi.

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