Company Earnings Update 3 minutesRegister for Free AccessBaidu (BIDU) 2Q18 Results: Modest Revenue Growth, DuerOS Sees Bigger Installation Base Coresight Research August 3, 2018 Executive Summary Baidu reported 2Q18 non-GAAP diluted earnings per ADS of ¥21.06, up from ¥13.58 in 2Q17. Revenues for the quarter reached ¥26.0 billion ($3.93 billion), up 24.4% year over year. The Baidu app reached 148 million daily active users in 2Q18, an increase of 17% year over year. The DuerOS installation base reached 90 million devices and voice queries surpassed 400 million. Management expects the topline for 3Q18 to be in the range of ¥37–¥28.77 billion ($4.02–$4.23 billion), representing a year-over-year increase of 23%–30%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Holiday Survey Bites: Resale Shopping and Secondhand SellingCombating Inflation—Low-Income and Younger Shoppers Trade Down and Buy Less: US Consumer Survey Insights ExtraThe State of In-Store Retailing: Opportunities To Redefine OperationsThe Closure of Zulily: Analyzing Its Impacts on Rivals and Stakeholders
