Baidu releases preliminary Q2 2005 earnings results (BIDU)

| About: Baidu, Inc. (BIDU)

In an amended F-1 filed yesterday with the SEC (ticker: BIDU) released preliminary earnings results for Q2 2005. Details:

Preliminary Results for Q2 2005
(all percentage changes and comparisons are sequential and all figures approximations)

  • Total revenue rose 52.5% to $8.4 million.
  • Operating income rose 344.4% to $1.4 million.
  • Net income rose 384.0% to $1.5 million.
  • Note: Revenue increase primarily due to a rise in online marketing services revenue.

Comment: More on Baidu here.

Not subscribed to The China Stock Blog? You can get updated headlines for free by adding The China Stock Blog to your My Yahoo page. Just log into your My Yahoo
page, then go to The China Stock Blog and click on the "+ My Yahoo"
button on the top right of your screen. You can do the same for other sites, such as The Internet Stock Blog, ETF Investor, and Sound Money Tips.