05:33 AM EDT, 05/16/2024 (MT Newswires) -- iQIYI (IQ) reported Q1 adjusted earnings Thursday of 0.87 Chinese renminbi ($0.12) per diluted American depositary share, down from 0.97 renminbi a year earlier.

Analysts polled by Capital IQ expected normalized earnings of 0.58 renminbi.

Revenue for the quarter ended March 31 was 7.93 billion renminbi, down from 8.35 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 7.85 billion renminbi.

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