Search engine Baidu's Q1 profit jumps 165%

0 CommentsPrint E-mail Xinhua, April 29, 2010
Adjust font size:

Baidu Inc, which operates China's most popular Internet search engine, said Thursday its first-quarter profit jumped 165 percent on a rise in revenue and numbers of advertising customers.

Net income in the three months to March 31 rose to $70.4 million, or $2.02 a share, the Beijing-based company said. Revenue grew 60 percent to $189.6 million.

Both exceeded the expectation in a Thomson Reuters poll of analysts, which forecast earnings of $1.50 per share on revenue of $180 million.

Baidu got a big boost in China last month after Google Inc shut its mainland-based search engine to move to the Chinese territory of Hong Kong.

Baidu said it had about 221,000 active online marketing customers, up nearly 20 percent from a year earlier but down 1 percent from the previous quarter.

Revenue per online marketing customer rose 34 percent from a year earlier to $864. That figure was up 3.5 percent from the previous quarter.

For the second quarter, Baidu said it expects revenue to rise 67 percent to 70 percent to between $268 million and $274 million.

Baidu's American depositary shares rose $88.61, or 14.3 percent, to $709.99 in after-hours trading on Wednesday, after climbing $1.27 to close at $621.38 in the regular session.

The company also announced a 10-for-1 split for its American depositary shares that will be reflected in share prices as of May 12. The ordinary shares are not changing.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 边吃奶边摸下面| 91成人免费观看在线观看| 日本黄页网站免费大全| 亚洲国产精品久久久久久| 男生女生差差差很痛| 啊轻点灬大ji巴太粗太长了免费 | 日韩在线视频免费看| 亚洲国产最大av| 欧美裸体XXXX极品少妇| 光棍天堂在线视频| 精品人妻中文字幕有码在线| 国产60部真实乱| 蜜桃视频无码区在线观看| 国产在线精品一区二区在线看| 中文字幕色婷婷在线精品中| 国产精品综合视频| 97精品免费视频| 在线观看日本www| a毛片免费在线观看| 好吊视频一区二区三区| 一级毛片免费播放| 成人午夜视频免费| 中文字幕一区视频| 无码h黄肉3d动漫在线观看| 久久久成人影院| 日本福利视频一区| 久久精品亚洲一区二区三区浴池 | 免费看片在线观看| 国产男女猛烈无遮挡免费网站 | 波多野结衣女女互慰| 人妖在线精品一区二区三区| 精品久久久久久无码中文字幕一区 | 亚洲熟女WWW一区二区三区| 深夜福利在线免费观看| 人妻av一区二区三区精品| 男人j桶进女人p无遮挡动态图二三| 八戒网站免费观看视频| 精品人人妻人人澡人人爽人人 | 大香伊蕉在人线国产75视频 | 1区1区3区4区产品亚洲| 国产精品后入内射日本在线观看|