These Analysts Revise Their Forecasts On Baidu After Q3 Earnings
Baidu, Inc. (NASDAQ:BIDU) reported a decline in revenue and negative free cash flow for the third quarter on Tuesday.The company reported quarterly revenue of 4.31 billion.Despite the revenue shortfall, Baidu's adjusted earnings per American Depositary Share (ADS) came in at $1.56, exceeding the forecast of 91 cents.CEO Robin Li highlighted strong momentum in AI Cloud as more enterprises adopt Baidu's AI products and ...