homepage Welcome to WebmasterWorld Guest from 54.197.215.146
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / Search Engines / Asia and Pacific Region
Forum Library, Charter, Moderators: bill

Asia and Pacific Region Forum

    
Baidu Report Better Than Expected Q2 Revenue
engine




msg:4305374
 1:56 pm on Apr 28, 2011 (gmt 0)

Baidu Report Better Than Expected Q2 Revenue [uk.reuters.com]
Baidu Inc more than doubled its profit in the first quarter and forecast stronger-than-expected revenue for the second quarter, betting on strong online advertising demand among China's businesses.

Shares of Baidu, which are up more than 50 percent since the start of the year, were down slightly at $150.65 in after-hours trade after closing Wednesday's regular session at$151.11.

Baidu, the No. 1 Internet search engine in China, said it expects second-quarter revenue of $493.3 million to $503.9 million, above analysts' forecasts of $484.2 million, according to Thomson Reuters I/B/E/S.


 

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Search Engines / Asia and Pacific Region
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved