Why Baidu Stock Dropped After Earnings
Baidu beat on sales and earnings this morning. Earnings nonetheless declined 6% year over year, and sales grew only 1%.
Baidu (BIDU) Q1 2024 Earnings Call Transcript
Baidu Inc. (NASDAQ:BIDU ) Q1 2024 Earnings Conference Call May 16, 2024 8:00 AM ET Company Participants Robin Li - Chairman, Chief Executive Officer Rong Luo - Chief Financial Officer Dou Shen - Executive Vice President Juan Li - Director, Investor Relations Conference Call Participants Alicia Yap - Citigroup Gary Yu - Morgan Stanley Alex Yao - JP Morgan Lincoln Kong - Goldman Sachs Thomas Chong - Jefferies Billie Wan - UBS Miranda Zhuang - Bank of America Securities Operator Hello, and thank you for standing by for Baidu's first quarter 2024 earnings conference call. At this time, all participants are in listen-only mode.
Baidu Stock Falls Despite Earnings, Revenue Beat For Chinese Internet Giant
Chinese internet services giant Baidu on Thursday reported better-than-expected sales and earnings. But Baidu stock fell.
