Baidu Q3 Revenue Up, Net Income Up
This is a news story, published by CNBC, that relates primarily to Baidu news.
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•Baidu posts 3% drop in third-quarter revenues, beating market expectations
89% Informative
Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue.
The revenue print came in at $4.78 billion for the quarter ending on Sept. 30 .
Net income for the period rose by 14% to $1.09 billion .
Online marketing drives a significant portion of the firm's revenue.
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