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%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Retail-Tech Landscape: CDP SoftwareInsights Video: Earth Day 2023—Sustainability in RetailInnovator Profile: Syrup Tech Uses AI To Optimize Omnichannel Inventory ManagementShoptalk Europe 2023 Startup Pitch Competition: Recap—10 Innovators, Two Winners
