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Baidu Reports Good Q1 Results, High Hopes For Q2
Assuming they haven’t already done so, it wouldn’t be surprising if Baidu’s execs decide to send some thank you notes and fruit baskets to their counterparts at Google.? Baidu released its first-quarter earnings report late yesterday, and – due in large part to Google’s recent moves – the last few months went well, and the future looks even brighter. Analysts though Baidu would report revenue in the neighborhood of $180.1 million and earnings per share along with lines of $1.50.? Instead, the company reported $189.6 million in revenue (a 59.6 percent year-over-year increase) and earnings per share of $2.10.
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Baidu Reports Good Q1 Results, High Hopes For Q2
