Thursday, February 14, 2008

Baidu Beats Estimates...

China's #1 search engine, Baidu.com (BIDU), said Q4 earnings grew 79%. EPS of $0.87 on revenue of $79.3M beat analyst estimates of $0.72 on $77.1M in revenue.

Looking ahead, Baidu sees Q1 2008 revenue of $73.1-75.1M, lower than the $77.9M analysts had been looking for. Shares gained almost 5% in AH trading.

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