iQIYI Q3 Non-GAAP Net Income, Revenue Decline

MT Newswires Live

2024/11/21

iQIYI (IQ) reported Q3 non-GAAP net income Thursday of 0.50 Chinese renminbi ($0.07) per diluted American depositary share, down from 0.64 renminbi a year earlier.

Analysts polled by FactSet expected 0.45 renminbi.

Revenue for the quarter ended Sept. 30 was 7.25 billion renminbi, down from 8.02 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 7.25 billion renminbi.

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