iQIYI Swings to Non-GAAP Net Loss in Q4, Revenue Declines-March 2024-www.financetom.com

iQIYI Swings to Non-GAAP Net Loss in Q4, Revenue Declines

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iQIYI Swings to Non-GAAP Net Loss in Q4, Revenue Declines

Feb 18, 2025 2:09 AM

04:35 AM EST, 02/18/2025 (MT Newswires) -- iQIYI (IQ) reported a Q4 non-GAAP net loss Tuesday of 0.06 Chinese renminbi ($0.0083) per diluted American depositary share, swinging from income of 0.70 renminbi a year earlier.

Analysts polled by FactSet expected a loss of 0.02 renminbi.

Revenue for the quarter ended Dec. 31 was 6.61 billion renminbi, down from 7.71 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 6.62 billion renminbi.

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