iQIYI (IQ) Tops Q4 EPS by RMB 56c, Beats on Revenue

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iQIYI Announces Fourth Quarter and Fiscal Year 2022 Financial Results

February 22, 2023 4:00 AM EST

BEIJING, Feb. 22, 2023 /PRNewswire/ -- iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), a leading provider of online entertainment video services in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022.

Fourth Quarter 2022 Highlights

Total revenues were RMB7.6 billion (US$1.1 billion[1]), increasing 3% year over year.Operating income was RMB783.6 million (US$113.6 million) and operating income margin was 10%, compared to operating loss of RMB975.2... More