Baidu Q4 Earnings: AI Cloud Grows, Margin Slides, Expects AI Investments To Bear Fruit In 2025
1. Baidu's Q4 revenue fell 2% year-on-year, beating estimates. 2. Adjusted earnings per share exceeded expectations at $2.63. 3. Non-online marketing revenue surged 18%, aided by AI Cloud growth. 4. SG&A expenses rose 14%, impacting overall profitability. 5. Baidu's AI transformation efforts are expected to boost future performance.