iQIYI (IQ) Reports Q2 Loss of RMB1.33

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Go back to iQIYI (IQ) Reports Q2 Loss of RMB1.33

iQIYI Announces Second Quarter 2022 Financial Results

August 30, 2022 5:00 AM EDT

BEIJING, Aug. 30, 2022 /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 second quarter ended June 30, 2022.

Second Quarter 2022 Highlights

Total revenues were RMB6.7 billion (US$993.8 million1), decreasing 13% year over year.Membership services revenue was RMB4.3 billion (US$639.7 million), increasing 7% year over year.Operating income was RMB125.8 million (US$18.8 million) and operating... More