Baidu.com Inc. Reports 27% Retreat In Q3 Bottom Line

(RTTNews) - Baidu.com Inc. (BIDU) reported earnings for third quarter that lost ground compared to the same period last year.

The company said its earnings came in at RMB2.84 billion, or RMB7.92 per share. This was down from RMB3.88 billion, or RMB11.00 per share, in last year's third quarter.

The company said revenue for the quarter rose 35.9% to RMB18.38 billion. This was up from RMB13.52 billion last year.

Baidu.com Inc. earnings at a glance:

-Earnings (Q3): RMB2.84 Bln. vs. RMB3.88 Bln. last year. -Earnings Decline (Y-o-Y): -26.8% -EPS (Q3): RMB7.92 vs. RMB11.00 last year. -EPS Decline (Y-o-Y): -28.0% -Revenue (Q3): RMB18.38 Bln vs. RMB13.52 Bln last year. -Revenue Change (Y-o-Y): 35.9%