Baidu Q1 2024 AdJ EPADS $2.76, Sales $4.365B Down Up By 1% YoY
Portfolio Pulse from Benzinga Newsdesk
Baidu reported its Q1 2024 earnings with adjusted EPADS of $2.76 and sales of $4.365 billion, marking a 1% year-over-year increase.
May 16, 2024 | 9:07 am
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Baidu's Q1 2024 earnings report shows adjusted EPADS of $2.76 and sales of $4.365 billion, reflecting a 1% year-over-year increase.
The positive earnings report with a slight year-over-year increase in sales is likely to have a positive short-term impact on Baidu's stock price. The adjusted EPADS of $2.76 indicates strong profitability.
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