NEW YORK (
After yesterday's closing bell, Beijing-based Baidu reported adjusted earnings of $1.49 per share, topping analysts' expected $1.11 per share.
Revenue fell 0.7% year-over-year to $2.74 billion, but beat Wall Street's projected $2.71 billion.
The Internet search provider expects fourth-quarter revenue to be in the range of $2.68 billion and $2.76 billion, which is below consensus estimates of $2.86 billion.
A government crackdown on healthcare advertising...