From Barchart: 2025-02-18 11:51:00

Baidu (NASDAQ:BIDU) reported Q4 earnings of RMB19.18 per share, beating estimates of RMB16.42. Revenue hit RMB34.12 billion, surpassing the projected RMB33.64 billion. The core business generated RMB27.7 billion, higher than the forecasted RMB26.75 billion, but iQIYI underperformed with RMB6.6 billion in revenue, missing the RMB6.84 billion estimate.

Adjusted operating profit was RMB5.05 billion, slightly above the expected RMB4.89 billion, while adjusted EBITDA of RMB6.95 billion fell short of the RMB7.47 billion forecast. Monthly active users reached 679 million, lower than the anticipated 690.82 million. Despite growth in the AI Cloud segment, Baidu’s stock dropped over 6% due to mixed operational metrics and uncertainty over AI monetization.



Read more at Barchart:: Baidu Beats Q4 Estimates, But Stock Drops 6% on AI…