Baidu's Q1 Earnings & Revenues Top Estimates, Margins Down Y/Y
Baidu, Inc. (BIDU) reported better-than-expected first-quarter 2025 results, with adjusted earnings and total revenues topping the Zacks Consensus Estimate. On a year-over-year basis, the bottom line tumbled while the top line grew.The quarterly performance reflects increased contributions from the company’s Baidu Core segment, which was driven by the strong performance of its AI Cloud business, which surged 42% year over year. The uptrend in its AI Cloud business highlights the growing market recognition o ...