iQIYI stock Skyrocketed 11% in morning trading
Tiger Newspress2021-05-18
iQIYI stock Skyrocketed 11% in morning trading.The company's revenue in the first quarter was 8 billion yuan, with a net increase of 3.6 million subscribers.
iQIYI Inc:Sees Q2 Revenue In The Range Of A 3% Decrease To A 3% Increase Y-O-Y.Iqiyi Announces First Quarter 2021 Financial Results.Q1 Revenue Rmb 8.0 Billion Versus Refinitiv Ibes Estimate Of Rmb 7.65 Billion.Total Subscribing Members Was 105.3 Million As Of March 31, 104.3 Million Excluding Individuals With Trial Memberships.Q1 Diluted Net Loss Attributable To Iqiyi Per Ads Was Rmb1.61 (Us$0.25).Sees Q2 Total Net Revenues To Be Between Rmb7.21 Billion (Us$1.10 Billion) And Rmb7.65 Billion (Us$1.17 Billion).
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