2/9/2010- Baidu (NASDAQ:BIDU) reported fiscal Q4 EPS of $1.88, excluding share-based compensation expenses, ahead of the consensus estimates of $1.68.

Revenues rose 40% year-over-year to $184.7 million, topping the consensus estimates of $180.0 million.

The company sees Q1 revenues of $176 million to $181 million, vs. the consensus estimates of $170.2 million.

Chairman and CEO Robin Li said, "The year ended on a positive note as Phoenix Nest's better than anticipated performance helped us to exceed expectations for the fourth quarter. This encouraging performance is a reflection of Baidu's relentless focus on execution and innovation. With a solid base of users and customers, our foundation is stronger than ever and we will continue to drive innovation to capture market opportunities ahead."

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