iQIYI(IQ) - 2024 Q2 - Quarterly Report

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 ...