iQIYI (IQ) Tops Q3 EPS by 1c

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Go back to iQIYI (IQ) Tops Q3 EPS by 1c

iQIYI Announces Third Quarter 2023 Financial Results

November 21, 2023 4:00 AM EST

BEIJING, Nov. 21, 2023 (GLOBE NEWSWIRE) -- 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 third quarter ended September 30, 2023.

Third Quarter 2023 Highlights

Total revenues were RMB8.0 billion (US$1.1 billion1), increasing 7% year over year.Operating income was RMB746.7 million (US$102.4 million) and operating income margin was 9%, compared to operating income of RMB309.7 million and operating income margin of 4% in... More