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<Results>BIDU-SW 1Q Non-GAAP Net Income Down 33% YoY to RMB4.332B
Recommend 8 Positive 11 Negative 4 |
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BIDU-SW (09888.HK) announced its results for 1Q26. Net income attributable to Baidu was RMB3.445 billion, down 55.4% YoY. EPS was RMB1.17, while earnings per ADS were RMB9.38. Non-GAAP net income attributable to Baidu fell 33% YoY to RMB4.332 billion. Non-GAAP diluted earnings per ADS were RMB12.06. Total revenue for 1Q was RMB32.075 billion, down 1.2% YoY and above market expectations of RMB31.49 billion. Adjusted EBITDA declined 17.4% to RMB5.954 billion. Adjusted EBITDA margin was 19%, compared with 22% in the same period last year. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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