iQIYI (IQ) Reports In-Line Q1 EPS, Revenues Beat; Offers 1Q Revenue Mid-Point Guidance Below Consensus

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to iQIYI (IQ) Reports In-Line Q1 EPS, Revenues Beat; Offers 1Q Revenue Mid-Point Guidance Below Consensus

iQIYI Announces First Quarter 2020 Financial Results

May 18, 2020 4:30 PM EDT

BEIJING, May 18, 2020 /PRNewswire/ -- iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.

First Quarter 2020 Highlights

Total revenues were RMB7.6 billion (US$1.1 billion[1]), representing a 9% increase from the same period in 2019. Operating loss was RMB2.2 billion (US$316.6 million) and operating loss margin was 29%, compared to operating loss of RMB2.0 billion and operating loss margin of 29% in the same period... More