Baidu quarterly revenue beats estimates
Nov 6 (Reuters) - Chinese search engine giant Baidu Inc BIDU.O beat analysts' estimates for quarterly revenue on Wednesday, sending its shares up 6% in extended trading.
Total revenue fell marginally to 28.08 billion yuan ($4.01 billion) from 28.20 billion yuan a year earlier.
Analysts on average had expected revenue of 27.49 billion yuan, according to IBES data from Refinitiv.
($1 = 6.9968 Chinese yuan renminbi)
(Reporting by Akanksha Rana in Bengaluru; Editing by Sriraj Kalluvila)
((firstname.lastname@example.org; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1130; Twitter: @AkankshaRanaa;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.