iQIYI Inc - ADR

NASDAQ:IQ   3:59:59 PM EDT
15.61
+0.54 (+3.58%)
Earnings Announcements

iQIYI Sees Development of Membership Business In Mid- To Long-Term

Published: 05/18/2021 09:14 GMT
iQIYI Inc - ADR (IQ) - Iqiyi, Inc. 2021q1 Shareholder Letter.
Though Expect Short-term Volatility in Subscriber Numbers, Remain Confident in Mid-, Long-term Development of Membership Business.
In Q1 2021, Monthly Average Number of Subscribing Members Who Have Membership Benefits for Any Given Day Has Reached Nearly 160 Million.
As of End of Q1 2021, Number of Accumulative Paid Accounts Has Exceeded 490 Million.
As of March 31, 2021, We Had 105.3 Million Subscribers, With 3.6 Million Net Additions During Quarter.
Qtrly Membership Services Revenue Increased by 12% Sequentially to Rmb4.31 Billion.
Revenue is expected to be $1.15 Billion
Adjusted EPS is expected to be -$0.34

Next Quarter Revenue Guidance is expected to be $1.26 Billion
Next Quarter EPS Guidance is expected to be -$0.32

More details on our Analysts Page.