Insight ReportBIDU 1Q18 Results: Revenue Improved on iQiYi’s Business, Rapid Development in AI Coresight Research April 30, 2018 Executive Summary Baidu reported 1Q18 non-GAAP diluted earnings per ADS of ¥16.3, up from ¥6.86 in 1Q17. Revenues for the quarter reached ¥20.9 billion, up 31% year over year. The company has been a pioneer in artificial intelligence (AI), helping the government to develop an AI-based smart city and forming partnerships with leading auto manufacturers in China to develop autonomous driving. Management expects the top-line for 2Q18 to be in the range of ¥24.91–¥26.19 billion, representing a year-over-year increase of 26%–33%. 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: Supreme Court Ruling on Tariffs: Assessing Consumer Awareness and Sentiment—Data GraphicEarnings Insights 4Q24, Week 5: Most Companies Report Strong Growth Results This WeekConsumer Sentiment Largely Holds Steady in December After November Highs: China Consumer Survey InsightsIntroducing the New Tech 25 for ’25: Retail-Tech Companies To Watch
