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"Baidu Core" reported second-quarter revenue of 23.16 billion yuan and non-GAAP net income of 5.4 billion yuan

via:新浪科技     time:2022/8/31 17:04:31     readed:217

Sina Technology - Beijing time, August 30 afternoon news, Baidu (Nasdaq:BIDU) today released the second quarter of 2022 financial results ended June 30. Baidu's total revenue for the second quarter was 29.6 billion yuan ($4.43 billion), down 5 percent from a year earlier, according to the results. Net profit attributable to Baidu was 3.6 billion yuan ($543 million), and "Baidu Core" posted a net profit of 3.7 billion yuan ($555 million) in the second quarter. Net income attributable to Baidu was 5.5 billion yuan ($827 million), excluding US General Accounting Standards (non-GAAP). "Baidu Core" net income was 5.4 billion yuan ($814 million) in the second quarter.

According to the financial report, the second quarter "Baidu core" revenue of 23.16 billion yuan, down 4% year on year, the estimated 22.59 billion yuan; Baidu Core posted a net profit of 3.7 billion yuan in the second quarter. Non-gaap, Baidu Core's second-quarter net profit was 5.4 billion yuan.

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