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百度(纪要):AI 搜索需重构变现模式,短期收入或承压
海豚投研·2025-05-23 16:31

以下为 百度 FY25Q1 的财报电话会纪要,财报解读请移步《百度:DeepSeek 成 "灵魂摆渡"?生死还得靠自己》 一、财报核心信息回顾 | | | | | | Baidu (BIDU.US; 9888.HK) Core Business Financial Results | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Figures in RMBm | 1023 | 2023 | 3023 | 4073 | 1024 | 2024 | 3024 | 4024 | 1025 | 1025e | vs. Consensus | | Baidu Core revenues | 22,998 | 26,407 | 26,572 | 27,488 | 23,803 | 26,687 | 26,524 | 27,698 | 25,463 | 23,903 | 6.5% beat | | YoY growth | 7.6% | 14.0% | 5.3% | 7.1% | 3.5% | ...