当前位置:文库下载 > 所有分类 > 百度 2019第三季度财报
免费下载此文档侵权投诉

百度 2019第三季度财报

Baidu Announces Third Quarter 2019 Results

BEIJING, China, November 6, 2019 –Baidu, Inc. (NASDAQ: BIDU) (“Baidu” or the “Company”), the leading Chinese-language Internet search provider, today announced its unaudited financial results for the third quarter ended September 30, 20191.

“Baidu App traffic continues to grow robustly with DAUs reaching 189 million, up 25% year over year, in September and Baidu’s in-app search continues to gain market share. Our focus to combine search and feed and expand Baidu App’s content and services offerings is improving user experience and drawing publishers and service providers to place more content and services on Baidu’s hosted platform, which in turn draws more users. This positive reinforcing cycle has been a contributing fact or to Baidu Core’s operating margin rising

1,400 basis points from the prior quarter,” said Robin Li, Chairman and CEO of Baidu. “On Baidu’s new AI businesses, DuerOS voice assistant continues to experience strong momentum with monthly voice queries surpassing 4.2 billion in September, up over 4.5 fold year over year. On Apollo, we are excited about our progress in early-stage commercialization of smart transportation with the release of Apollo-powered robotaxi pilot program to the public in Changsha, Hunan in September.”

“Baidu delivered a solid third quarter with total revenues reaching RMB 28.1 billion, up 7% sequentially on top of the 9% sequential growth from the prior quarter, in spite of the softening macro environment, industry-specific policy changes and self-directed healthcare initiative,” said Herman Yu, CFO of Baidu. “Our disciplined approach to spending, focusing on investment returns across the board, sheds light on the strong and improving margin contribution from in-app search and feed.”

Financial Highlights

Baidu Inc.

For the three-month ended

(in millions, except for per ADS information, unaudited) September 30,

2018

June 30,

2019

September 30,

2019 YOY YOY2QOQ

September 30,

2019 RMB RMB RMB US$

Total revenues 28,203 26,326 28,080 (0%) 3% 7% 3,929

Operating income 4,428 233 2,355 (47%) 911% 329 Operating margin 16% 1% 8%

Non-GAAP operating income 5,744 1,955 3,691 (36%) 89% 516 Non-GAAP operating margin 20% 7% 13%

1Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB 7.1477 to US$1.00, the exchange rate in

effect as of September 30, 2019 as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System. Translations are provided solely for the convenience of the reader.

2Excluding revenue from divested businesses, which was approximately RMB1.0 billion for the three months ended September 30, 2018.

1 / 8

第1页

免费下载Word文档免费下载:百度 2019第三季度财报

(下载1-12页,共12页)

猜你喜欢

TOP相关主题

返回顶部