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Baidu releases preliminary Q2 2005 earnings results (BIDU)

Aug. 03, 2005 7:00 AM ETBaidu, Inc. (BIDU)
Ezra Marbach profile picture
Ezra Marbach

In an amended F-1 filed yesterday with the SEC Baidu.com (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.

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This article was written by

Ezra Marbach profile picture
Ezra Marbach is a former investment banker who lived in Beijing in 2002-03 where he studied Mandarin Chinese and worked for a venture capitalist. Ezra previously worked for Internet-based venture capital firm UniversityAngels.com. Prior to that, he worked in the corporate finance department of Gerard Klauer Mattison, a NY-based boutique investment bank. Ezra graduated from Cornell University.

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