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Investing.com - Baidu reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Baidu announced earnings per share of ¥14.73 on revenue of ¥26.03B. Analysts polled by Investing.com EPS of ¥9.31 on revenue of ¥25.75B.
Baidu 's are down 1.45% and is trading at ¥124.57 , still down 15.48% from its 52 week high of ¥147.38 set on Monday, January 13, 2020.
Baidu follows other major Technology sector earnings this month
Baidu's report follows an earnings beat by Apple on Thursday, July 30, 2020, who reported EPS of ¥2.58 on revenue of ¥59.69B, EPS of ¥2.05 on revenue of ¥52.29B.
Microsoft had beat expectations on Wednesday, July 22, 2020 with fourth quarter EPS of ¥1.46 on revenue of ¥38.03B, for EPS of ¥1.34 on revenue of ¥36.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar