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Home » Baidu’s (BIDU) CEO Robin Li on Q2 2014 Results – Earnings Call Transcript

Baidu’s (BIDU) CEO Robin Li on Q2 2014 Results – Earnings Call Transcript

Source: Seeking Alpha


Baidu, Inc. (NASDAQ:BIDU)

Q2 2014 Earnings Conference Call

July 24, 2014 8:00 p.m. ET


Sharon Ng – Senior Manager of IR

Robin Li – Chairman and CEO

Jennifer Li – CFO


Eddie Leung – BofA Merrill Lynch

Dick Wei – Credit Suisse

Alan Hellawell – Deutsche Bank

Alicia Yap – Barclays

Thomas Chong – Citigroup

Ella Ji – Oppenheimer

Wendy Huang – Standard Chartered

Piyush Mubayi – Goldman Sachs

Jiong Shao – Macquarie

Ming Zhao – 86Research

Cynthia Meng – Jefferies

Philip Wan – Morgan Stanley

Chi Tsang – HSBC

Natalie Wu – CICC

John Choi – Daiwa

George Askew – Stifel Nicolaus

Tian Hou – T.H. Capital


Hello, and thank you for standing by for Baidu’s Second Quarter 2014 Earnings Conference Call.

[Operator Instructions]. Today’s conference is being recorded. If you have any objections, you may disconnect at this time.

I would now like to turn the meeting over to your host for today’s conference, Ms. Sharon Ng, Baidu’s Senior Manager of Investor Relations.

Sharon Ng – Senior Manager of IR

Hello everyone, and welcome to Baidu’s second quarter earnings conference call. Baidu’s earnings release was distributed earlier today, and you can find a copy on our website as well as on newswire services.

Today you will hear from Robin Li, Baidu’s Chief Executive Officer, and Jennifer Li, Baidu’s Chief Financial Officer. After their prepared remarks, Robin and Jennifer will answer your questions.

Before we continue, please note that the discussion today will contain forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to, those outlined in our public filings with the SEC, including our annual report on Form 20-F. Baidu does not undertake any obligation to update any forward-looking statement except as required under applicable law.

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