- iQIYI (NASDAQ:IQ): Q3 GAAP EPS of -$0.34 in-line.
- Revenue of $1.2B beats by $10M.
- Press Release
- For Q4 2021, iQIYI expects total net revenues to be between RMB7.08B ($1.10B) and RMB7.53B ($1.17B).
- The number of total subscribing members was 103.6M as of September 30, 2021, or 103M excluding individuals with trial memberships.
- "Our membership services revenue increased by 8% year-over-year as we experienced subscriber volatility during the third quarter," commented Mr. Xiaodong Wang, Chief Financial Officer of iQIYI.