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Baidu | 6-K: Baidu Announces First Quarter 2024 Results

Baidu | 6-K: Baidu Announces First Quarter 2024 Results

百度 | 6-K：百度公佈2024年第一季度業績
美股SEC公告 ·  05/17 04:10

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Baidu, Inc. (NASDAQ: BIDU), a leading AI company, announced its unaudited financial results for the first quarter ended March 31, 2024. The company reported a slight year-over-year increase in total revenues to RMB 31.5 billion ($4.37 billion), with Baidu Core revenues growing by 4% to RMB 23.8 billion ($3.30 billion). The growth was primarily driven by the AI Cloud business, which saw a 6% increase in non-online marketing revenue. Baidu's operating income rose by 10% to RMB 5.5 billion ($760 million), and net income attributable to Baidu was RMB 5.4 billion ($755 million), a 6% decrease year-over-year. However, non-GAAP net income saw a 22% increase to RMB 7.0 billion ($971 million). The company's adjusted EBITDA remained stable at 26% margin, while Baidu Core's non-GAAP operating margin expanded to 23.5%. Baidu also highlighted its AI Cloud advancements and the growth of its autonomous ride-hailing service, Apollo Go, which provided 826K rides in Q1 2024. The company's ESG report was released, detailing sustainability initiatives, and Baidu returned US$229 million to shareholders under the 2023 share repurchase program. The earnings call was scheduled for May 16, 2024.
Baidu, Inc. (NASDAQ: BIDU), a leading AI company, announced its unaudited financial results for the first quarter ended March 31, 2024. The company reported a slight year-over-year increase in total revenues to RMB 31.5 billion ($4.37 billion), with Baidu Core revenues growing by 4% to RMB 23.8 billion ($3.30 billion). The growth was primarily driven by the AI Cloud business, which saw a 6% increase in non-online marketing revenue. Baidu's operating income rose by 10% to RMB 5.5 billion ($760 million), and net income attributable to Baidu was RMB 5.4 billion ($755 million), a 6% decrease year-over-year. However, non-GAAP net income saw a 22% increase to RMB 7.0 billion ($971 million). The company's adjusted EBITDA remained stable at 26% margin, while Baidu Core's non-GAAP operating margin expanded to 23.5%. Baidu also highlighted its AI Cloud advancements and the growth of its autonomous ride-hailing service, Apollo Go, which provided 826K rides in Q1 2024. The company's ESG report was released, detailing sustainability initiatives, and Baidu returned US$229 million to shareholders under the 2023 share repurchase program. The earnings call was scheduled for May 16, 2024.
領先的人工智能公司百度公司（納斯達克股票代碼：BIDU）公佈了截至2024年3月31日的第一季度未經審計的財務業績。該公司報告稱，總收入同比略有增長至315億元人民幣（合43.7億美元），百度核心收入增長4％，達到238億元人民幣（合33.0億美元）。增長主要是由人工智能雲業務推動的，該業務的非在線營銷收入增長了6％。百度的營業收入增長了10％，達到55億元人民幣（7.6億美元），歸屬於百度的淨收入爲人民幣54億元（7.55億美元），同比下降6％。但是，非公認會計准則淨收入增長了22％，達到70億元人民幣（9.71億美元）。該公司調整後的息稅折舊攤銷前利潤率穩定在26％，而百度核心的非公認會計...展開全部
領先的人工智能公司百度公司（納斯達克股票代碼：BIDU）公佈了截至2024年3月31日的第一季度未經審計的財務業績。該公司報告稱，總收入同比略有增長至315億元人民幣（合43.7億美元），百度核心收入增長4％，達到238億元人民幣（合33.0億美元）。增長主要是由人工智能雲業務推動的，該業務的非在線營銷收入增長了6％。百度的營業收入增長了10％，達到55億元人民幣（7.6億美元），歸屬於百度的淨收入爲人民幣54億元（7.55億美元），同比下降6％。但是，非公認會計准則淨收入增長了22％，達到70億元人民幣（9.71億美元）。該公司調整後的息稅折舊攤銷前利潤率穩定在26％，而百度核心的非公認會計准則營業利潤率擴大至23.5％。百度還強調了其在人工智能雲方面的進步及其自動叫車服務Apollo Go的增長，該服務在2024年第一季度提供了82.6萬次乘車服務。百度發佈了ESG報告，詳細介紹了可持續發展舉措，根據2023年股票回購計劃，百度向股東返還了2.29億美元。業績電話會議定於2024年5月16日舉行。

該公告為獨立文件：

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