IQIYI Non-GAAP EPADS Of -$0.01 In-Line, Revenue Of $906M Misses By $7.55M
Seeking Alpha
02-18
iQIYI (NASDAQ:IQ): Q4 Non-GAAP EPADS of -$0.01 in-line. Revenue of $906M (-14% Y/Y) misses by $7.55M.
iQIYI shares slipped 3% in premarket trading.
Membership services revenue was $562.1 million, decreasing 15% year over year, primarily due to a lighter content slate.
Online advertising services revenue was $196.4 million, decreasing 13% year over year.
Content distribution revenue was $55.7 million, decreasing 20% year over year.
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