iQIYI(IQ)
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iQIYI Unveils Over 300 New Titles at the 2024 iJOY Conference, Adding Focus on Short Dramas to Accelerate Growth
Prnewswire· 2024-09-26 14:51
C-Dramas Become Leading Choice in Southeast AsiaBEIJING, Sept. 26, 2024 /PRNewswire/ -- On September 25, iQIYI, China's leading online entertainment platform, announced the upcoming release of over 300 new titles across diverse genres over the next year, at its iJOY Conference held in Shanghai. The company highlighted its strategic expansion into short dramas, introducing content that leverages the growing global popularity of Chinese content while utilizing innovative AI to navigate emerging industry trend ...
iQIYI Sparks a New Wave in China's Comedy Scene with 'The King of Stand-up Comedy'
Prnewswire· 2024-09-13 05:37
BEIJING, Sept. 13, 2024 /PRNewswire/ -- iQIYI, China's leading online entertainment platform, has sparked a fresh surge of enthusiasm for stand-up comedy with the launch of its original show, The King of Stand-up Comedy. The show has quickly gained acclaim and generated widespread social buzz since its debut, highlighting iQIYI's commitment to producing high-quality comedy content. In addition to discovering new creative talent, the show has seamlessly integrated online and offline markets, fostering sustai ...
iQIYI: A Lack Of Surprises
Seeking Alpha· 2024-08-27 15:39
Robert Way iQIYI, Inc. (NASDAQ:IQ) shares are still rated as a Hold. The company's Q2 headline numbers were in line with the consensus estimates. Looking forward, I don't expect iQIYI's third quarter results to throw up any significant surprises. As such, it is reasonable that I retain a Neutral view for IQ. My prior update, written on June 4, 2024, looked at the company's full-year fiscal 2024 prospects. IQ's actual second quarter results and expected Q3 performance are in the spotlight for the current ...
爱奇艺:会员收入短期持续承压,下调全年收入及利润预期
交银国际证券· 2024-08-27 10:48
交银国际研究 公司更新 互联网 2024 年 8 月 23 日 收盘价 目标价 潜在涨幅 美元 2.60 美元 3.80↓ +46.2% 爱奇艺 (IQ US) 会员收入短期持续承压,下调全年收入及利润预期 2 季度业绩符合预期:爱奇艺 2024 年 2 季度总收入为 74 亿元(人民币, 下同),符合我们/市场预期,同/环比降 5%/ 6%,主要因去年同期高基 数,以及部分重点内容的会员及招商拉动效果较弱。调整后净利润 2.5 亿 元,与我们预期一致,对应调整后净利率 3%,同/环比-4.3/7.3 个百分点。 会员收入短期持续承压,效果广告维持增长。2 季度会员收入同比降 9% 至 45 亿元,符合预期,ARM(单会员月均付费)维持同比增长趋势。海 外会员收入维持同环比增长,维持华语内容供给+强化本地内容布局并进 战略。2 季度,广告收入 15 亿元,同比降 2%,效果广告维持同比增长。 展望:3 季度,尽管重点剧集播放数据已呈现改善趋势(据云合数据,7 月爱奇艺剧集播放份额重回第一),但考虑对会员拉动或有滞后,我们预 计3季度会员收入同比-13%,4季度随新内容陆续上线会员有望触底回升。 预计广告收入同 ...
爱奇艺:Short-term headwind continues
招银国际· 2024-08-26 13:48
26 Aug 2024 CMB International Global Markets | Equity Research | Company Update iQIYI (IQ US) Short-term headwind continues iQiyi announced 2Q24 results: total revenue decreased by 5% YoY to RMB7.4bn, in line with our/consensus estimate; non-GAAP operating income was down by 36% YoY to RMB501mn (in line with our/consensus estimate), due to the intense competition in the long-form video sector. For 3Q24E, we expect membership and ads revenue growth will remain under pressure, and it will take time for the im ...
iQIYI's New VR Location-Based Entertainment Well-Received in Macao
Prnewswire· 2024-08-26 07:45
Expanding Successful VR Adaptations of iQIYI's Popular IP from 'Love Between Fairy and Devil'BEIJING, Aug. 26, 2024 /PRNewswire/ -- On August 23, iQIYI, China's leading online entertainment service, announced that its latest VR immersive theater at Galaxy Macau received positive customer feedback following its debut earlier this month, further enriching its portfolio of location-based entertainment experiences. Adapted from the popular fantasy series Love Between Fairy and Devil, this project showcases the ...
爱奇艺:发布24Q2业绩:会员数增长成为后续重点,预计Q3或为利润阶段性底部
民生证券· 2024-08-23 12:40
会员数增长成为后续重点,预计 Q3 或为利润阶段性底部 2024 年 08 月 23 日 ➢ 事件:2024 年 8 月 23 日,公司发布 24Q2 业绩,24Q2 收入 74.39 亿 元,yoy-5.0%;营业利润 3.42 亿元,营业利润率 4.6%,Non-GAAP 营业利 润 5.01 亿元,Non-GAAP 营业利润率 6.7%;归母净利润 0.69 亿元,归母净 利率 0.9%;Non-GAAP 归母净利润 2.47 亿元,Non-GAAP 归母净利率 3.3%。 ➢ 24Q2 会员收入受内容影响,品牌广告表现拖累广告收入。24Q2,分业 务收入来看:1)会员收入 44.95 亿元,占比总营收 60.4%,yoy-9.1%,qoq6.3%,同环比下降主要受到内容影响。2)广告收入 14.61 亿元,占比总营收 19.6%,yoy-2.3%,qoq-1.4%,同比下降主要系自制综艺数量减少导致品牌 广告收入下降,部分被效果广告收入提升所抵消。3)内容发行收入 7 亿元, yoy+2%。4)其他收入 7.84 亿元,yoy+16%,主要受到艺人经纪收入驱动。 ➢ 24Q2 成本费用支出审慎,整体盈 ...
iQIYI(IQ) - 2024 Q2 - Quarterly Report
2024-08-23 10:03
iQIYI Announces First Quarter 2024 Financial Results BEIJING, CHINA, May 16, 2024 – iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), a leading provider of online entertainment video services in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Total revenues were RMB7.9 billion (US$1.1 billion1), decreasing 5% year over year. • Operating income was RMB944.8 million (US$130.8 million) and operating income margin was 12%, com ...
iQIYI(IQ) - 2024 Q2 - Earnings Call Transcript
2024-08-22 15:51
iQIYI, Inc. (NASDAQ:IQ) Q2 2024 Earnings Conference Call August 22, 2024 7:00 AM ET Company Participants Chang You - IR Yu Gong - Founder, Director and CEO Jun Wang - CFO Xiaohui Wang - Chief Content Officer Wenfeng Liu - Chief Technology Officer Xianghua Yang - Senior Vice President of movies and overseas business San Ha Yang - Senior VP Conference Call Participants Xueqing Zhang - CICC Lincoln Kong - Goldman Sachs Maggie Ye - CLSA Thomas Chong - Jefferies Operator Thank you for standing by, and welcome to ...
iQIYI(IQ) - 2024 Q2 - Quarterly Results
2024-08-22 09:44
iQIYI Announces Second Quarter 2024 Financial Results BEIJING, CHINA, August 22, 2024 – iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), a leading provider of online entertainment video services in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights ● Total revenues were RMB7.4 billion (US$1.0 billion1), decreasing 5% year over year. ● Operating income was RMB342.1 million (US$47.1 million) and operating income margin was 5%, ...