Baidu has announced $52.7 million revenue for the second quarter of 2007. The revenues increased by 109.4% over the second quarter of 2006, according to Baidu.


Baidu has announced $52.7 million revenue for the second quarter of 2007. The revenues increased by 109.4% over the second quarter of 2006, according to Baidu.

Baidu Q2 2007 Financial Results Summary

– Net income: $18.6 million (142.7% increase over Q2 2006)

– Diluted earnings per share: $0.54

– The number of active online marketing customers reached 128,000

– Online marketing revenues: $52.6 million

– Traffic acquisition costs (TAC) as a component of cost of revenues: $5.9 million

– Operating profit: $16.9 million.

‘Baidu’ Link

Baidu Press Release

About Baidu.com

Baidu.com is a Chinese language Internet search provider. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu’s ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ Global Market under the symbol ”BIDU”. [source]

 

 

 

 

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