BIDU beats on Sales & EPS .... guiding higher than consensous...NICE !!!!

BIDU as expected beat on Sales & EPS in Q1......& guiding higher.

Here is the breakdown :

Sales  $372 million vs expectations of $367.75 million..Sales increased 88.3% YOY

EPS 48 cents vs expectations of 45 cents, EPS increased 122.8% YOY

Guiding Sales for Q2 $493.3 million to $503.9 million vs expectations of $484.71 million.....Guiding Sales higher by 72.4% YOY

BIDU AH  traded as high as UP $6, then Down $1.....NOW UP 90 cents ?????

Conference call @ 8 PM tonight.......

AH post ER BIDU is extremely volatile..generally down up to $5...then trades as per conference call in the morning.....which is generally UP.....

BLOG does NOT give buy or sell.

Saleem