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<Results>BIDU-SW 3Q Non-GAAP NP Drops 19% to RMB5.89B, In Line
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BIDU-SW (09888.HK) (BIDU.US) announced its results for 3Q ended September 2024. Its net profit soared 14.2% YoY to RMB7.632 billion, far beyond the forecast range of RMB4.685-5.497 billion by four brokers as summarized by our reporters. Diluted earnings per ADS amounted to RMB21.6. Under non-GAAP, BIDU-SW's net profit fell 19% YoY to RMB5.886 billion, within the forecast range of RMB5.709-6.873 billion by nine brokers as summarized by our reporters, but below the median forecast of RMB6.2 billion. Non-GAAP diluted earnings per ADS came in at RMB16.6. AAStocks Financial News |
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