Home › Baidu cuts Q2 revenue guidance amid falling medical ad spend
 

Keywords :   


Baidu cuts Q2 revenue guidance amid falling medical ad spend

2016-06-14 09:37:00| Telecompaper Headlines

(Telecompaper) Chinese search engine Baidu has revised its revenue guidance for the second quarter of 2016 and provided an update on recent business developments. Baidu currently expects estimated second quarter 2016 revenue to be in the range of CNY 18.1 billion (approximately USD 2.8 billion) to CNY 18.2 billion (USD 2.8 billion). This compares to previous estimations of CNY 20.1 billion to CNY 20.5 billion.

Tags: medical spend revenue guidance

Category:Telecommunications

Latest from this category

All news
»
17.05Union forming stalled in US Mercedes-Benz
17.05Johnson & Johnson Acquires Atopic Dermatitis Treatment Biotech Company
17.05Register For Sustainable Cosmetics Summit
17.05Fewer crackers in Ritz boxes but price remains same
17.05Eastern North Pacific Tropical Weather Outlook
17.05Boeing boss's $33m pay package approved
17.05Heifers and female cows remain hot topic at sale barn
17.05Dutch Boy Paints Introduces Professional Series at Menards
More »