2023-05-16 05:07:18 ET
- iQIYI press release ( NASDAQ: IQ ): Q1 Non-GAAP EPS of $0.14 beats by $0.04 .
- Revenue of $1.2B (+9.1% Y/Y) beats by $50M .
- Operating income was RMB858.6 million (US$125.0 million) and operating income margin was 10%, compared to operating income of RMB93.4 million and operating income margin of 1% in the same period in 2022.
- Non-GAAP operating income 2 was RMB1.0 billion (US$150.6 million) and non-GAAP operating income margin was 12%, compared to non-GAAP operating income of RMB326.6 million and non-GAAP operating income margin of 4% in the same period in 2022.
- Net income attributable to iQIYI was RMB618.1 million (US$90.0 million), compared to net income attributable to iQIYI of RMB169.1 million in the same period in 2022.
- Non-GAAP net income attributable to iQIYI 2 was RMB939.5 million (US$136.8 million), compared to non-GAAP net income attributable to iQIYI of RMB162.2 million in the same period in 2022.
- The average daily number of total subscribing members 3 for the quarter was 128.9 million, compared to 101.4 million for the same period in 2022 and 111.6 million for the fourth quarter in 2022.
- Shares +4%
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iQIYI Non-GAAP EPS of $0.14 beats by $0.04, revenue of $1.2B beats by $50M