Baidu Beats Quarterly Revenue Estimates – U.S. News & World Report

(Reuters) – China’s search engine giant Baidu Inc beat quarterly revenue estimates on Tuesday, driven by a recovery in advertising sales and higher demand for its cloud products.

Total revenue stood at 29.65 billion yuan ($4.43 billion) in the second quarter, compared with analysts’ average estimate of 29.30 billion yuan, according to Refinitiv data.

Read Full Story: https://www.usnews.com/news/technology/articles/2022-08-30/baidu-beats-quarterly-revenue-estimates

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source: https://news.oneseocompany.com/2022/08/30/baidu-beats-quarterly-revenue-estimates-us-news-world-report_2022083028721.html

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