Chinese Streamer iQiyi Confirms Swing to Profits With $65 Million Third Quarter

iQiyi, the NASDAQ-listed Chinese streaming firm, confirmed its recent swing from loss to profitability with a July-September quarter that saw revenue and profits growth even as subscription numbers dipped fractionally. Net income attributable to iQIYI was RMB476 million ($ 65.2 million), compared to a net loss of RMB396 million in the same period in 2022, the […]
Variety