[BIG TECH]■ STORY TIMELINE

BAIDU'S Q2 REVENUE MISSES TARGETS, FIFTH STRAIGHT DECLINE

Baidu reported Q2 revenue of $4.62 billion, down 2% year-over-year and below analyst expectations of $4.69 billion. The Chinese tech giant posted net income of $341 million while extending its streak of quarterly revenue declines.

1 SOURCEFIRST SEEN AUG 18, 09:50 AM► READ THE ARTICLE

Techmeme+0m

Baidu reports Q2 revenue down 2% YoY to ~$4.62B, below ~$4.69B est. and its fifth straight quarterly decline, and net income of ~$341M, as it lags AI rivals (Bloomberg)

Bloomberg: Baidu reports Q2 revenue down 2% YoY to ~$4.62B, below ~$4.69B est. and its fifth straight quarterly decline,…

◄ BACK TO ARTICLE