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Baidu.com Stocks Soars (BIDU)

Posted on 23 July 2008

Baidu.com, Inc. (Nasdaq: BIDU), you will send their report quarterly results, and our conversions are in U.S. dollars instead of the Chinese RMB.

The Chinese Internet search giant said an operating profit rose some 86% and has shown net EPS of $ 1.11 $ 1.23 and non-GAAP EPS to a profit of 100% of the turnover of 117, $ 0 million. The EPS estimates were $ 0.98 to $ 112.5 million U.S. dollars. Baidu has found that the cost of the acquisition of Transport (TAC) were $ 14.8 million. TAC is a weight of about 12.7% of turnover, 11.2% over the last quarter.

With regard to the direction of the company, T3 sales between $ 132 million to 136 million U.S. dollars and a profit of 82% to 88% compared to Q3-2007 and from 13% to 16% increases this quarter just announced. First Call projected a revenue of 135.26 million U.S. dollars revenue. We note that this orientation is not already reflect the expectation of temporarily change the behavior of users in the Beijing Olympic Games in the summer.

Baidu has also stated that the active online marketing customers in the second quarter rose to more than 181000, an increase of 12.4% over the previous quarter.

Baidu.com closed with a decline of 1.25% to $ 288.70. Outside of working hours for the right to the report, we are witnesses of the ordinary shares trade near $ 30.00 north of $ 317.00 for the trade. The 52 weeks of negotiations, to $ 161.00 $ 429.19.

The last short interest data NASDAQ short interest shown slightly more than 4 million shares, this is actually the low short interest since mid-March.

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