Baidu Non-GAAP EPADS of $2.76 beats by $0.57, income of $4.37B beats by $30M

“Within the first quarter of 2024, Baidu Core’s non-GAAP working margin expanded each year-over-year and quarter-over-quarter to 23.5%. We’ve established a monitor file of persistently bettering operational effectivity. Within the coming quarters, we’ll execute on what is required to optimize our operational effectivity in assist of our AI enabled companies and high-quality development, and preserve a wholesome non-GAAP working margin,” stated Rong Luo, CFO of Baidu.