Baidu reports Q2 revenue flat YoY to ~$4.67B, vs. ~$4.7B est., net income down 8% YoY to ~$1B, vs. ~$900M est., online marketing revenue down 2% YoY to ~$2.7B (Reuters)

3 months ago 9

Reuters:
Baidu reports Q2 revenue flat YoY to ~$4.67B, vs. ~$4.7B est., net income down 8% YoY to ~$1B, vs. ~$900M est., online marketing revenue down 2% YoY to ~$2.7B — Search engine giant Baidu (9888.HK), reported flat quarterly revenue on Thursday, as a sluggish economy weighed on advertiser spending.

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