Baidu posts Q1 profitChristian Fernsby ▼ | May 19, 2020
Baidu reported first-quarter net income of RMB41 million or RMB0.02 per share, compared with net loss of RMB327 million or RMB0.98 per share in last year's first quarter.
Baidu Baidu.com reported adjusted earnings of RMB3.08 billion
The company's revenue for the quarter dropped 7% to RMB222.55 billion from RMB24.12 billion last year. ■