Chinese search engine Baidu (NSDQ: BIDU) reported Q4 revenues of $78.3 million, up over 100 percent from last year’s $37.7 million. Net income also soared, increasing 79 percent to $30.1 million ($.87 per share). The company said it had 155,000 online marketing customers at the end of the quarter, up 43.5 percent from the previous year, and that traffic acquisitions costs (TAC) ticked up to 12.7 percent of revenue, or $9.9 million, from 8.7 percent in the previous year’s quarter. In the coming quarter, the company is forecasting revenue of $73.1 - $75.1 million, representing 99 percent growth at the high end. Baidu shares gained over 6 percent in anticipation of the report and are trading up over 11 percent after hours.

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