November 6, 2019 / 9:36 PM / 15 days ago

Baidu quarterly revenue beats estimates

Nov 6 (Reuters) - Chinese search engine giant Baidu Inc beat analysts’ estimates for quarterly revenue on Wednesday, sending its shares up 6% in extended trading.

Total revenue fell marginally to 28.08 billion yuan ($4.01 billion) from 28.20 billion yuan a year earlier.

Analysts on average had expected revenue of 27.49 billion yuan, according to IBES data from Refinitiv. ($1 = 6.9968 Chinese yuan renminbi) (Reporting by Akanksha Rana in Bengaluru; Editing by Sriraj Kalluvila)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below