BEIJING (AP) _ Baidu Inc. (BIDU) on Tuesday reported second-quarter net income of $543 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Beijing-based company said it had net income of $1.49. Earnings, adjusted for one-time gains and costs, were $2.36 per share.

The web search company posted revenue of $4.43 billion in the period.

Baidu Inc. shares have decreased 1% since the beginning of the year. The stock has declined roughly 4% in the last 12 months.

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