IQiyi -9.6% as losses widen on higher spending [Seeking Alpha]
iQIYI, Inc. - American Depositary Shares (IQ)
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm
Check Earnings Report
Company Research
Source: Seeking Alpha
IQiyi (NASDAQ: IQ ) has after hours following its Q2 report, where it grew revenues by double digits but increased operating losses as content and marketing costs continued to increase. Revenues rose 15% to 7.1B yuan; costs of revenues increased 14%, to 7B yuan. Of those costs, content costs rose 7% to 5B yuan. Meanwhile, SG&A expenses increased 4@% to 1.3B yuan and R&D expenses jumped 48% to 654.6M yuan. Operating loss increased to 1.9B yuan from 1.3B, and attributable net loss ticked up to 2.3B ($339M) form 2.1B yuan. Revenue breakout: Membership services, 3.4B yuan (up 38%); Online advertising, 2.2B yuan (down 16%); Content distribution, 517.9M yuan (down 4%); other, 979.2M yuan (up 82%). Liquidity was 16.4B yuan (about $2.4B) as of quarter's end. Conference call to come at 8 p.m. ET. Press release See all stocks on the move » Now read: Data-center firm 21Vianet -3.1% on wider loss » Subscribe for full text news in your inbox
Show less
Read more
Impact Snapshot
Event Time:
IQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IQ alerts
High impacting iQIYI, Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
IQ
News
- iQIYI leads genre-specific storytelling with the return of its trend-setting 'Light On Theater,' featuring seven new suspense dramasPR Newswire
- iQIYI Celebrates Content Excellence and Social Impact at Scream Night 2024PR Newswire
- iQIYI Introduces 'Extra Large Font' Function to Enhance Accessibility for Senior UsersPR Newswire
- iQIYI, Inc. (NASDAQ: IQ) had its price target lowered by analysts at JPMorgan Chase & Co. from $2.50 to $1.80. They now have a "neutral" rating on the stock.MarketBeat
- iQIYI, Inc. (NASDAQ: IQ) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
IQ
Earnings
- 11/21/24 - Beat
IQ
Sec Filings
- 12/4/24 - Form SC
- 11/25/24 - Form 144
- 11/21/24 - Form 6-K
- IQ's page on the SEC website