HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges iQIYI (IQ) Investors with Losses to Contact its Attorneys Now: Firm Investigation Into Possible Improper Revenue Recognition and Securities F...
iQIYI, Inc. - American Depositary Shares (IQ)
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm
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Source: GlobeNewswire
SAN FRANCISCO, April 15, 2020 (GLOBE NEWSWIRE) -- Hagens Berman urges investors in iQIYI, Inc. (NASDAQ: IQ) who have suffered significant losses to submit their losses now. The firm is investigating possible securities law violations. Relevant Holding Period: Before Apr. 8, 2020Sign Up: www.hbsslaw.com/investor-fraud/IQ Contact An Attorney Now: IQ@hbsslaw.com 844-916-0895 iQIYI (IQ) Investigation: The investigation focuses on whether iQIYI misled investors about the company’s financial results and internal controls over financial reporting. On Apr. 7, 2020, Wolfpack Research published a scathing report, “iQIYI: The Netflix of China? Good Luckin.” According to the report, the company was committing fraud well before its 2018 IPO and has continued to do so ever since. Wolfpack estimates that (a) iQIYI inflated its 2019 revenue by 27% - 44%, and (b) overstates its user numbers by 42% - 60%, and then (c) inflates its expenses, the prices it pays for content, and other assets and
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IQ
News
- Baidu's Q3 Earnings: Revenue Slides, Weak Online Ads Market Impact Margins [Yahoo! Finance]Yahoo! Finance
- iQIYI Announces Third Quarter 2024 Financial ResultsGlobeNewswire
- iQIYI Introduces Standard VIP Family and Friends Membership to Enhance Subscription Flexibility and Premium Content AccessPR Newswire
- An Intrinsic Calculation For iQIYI, Inc. (NASDAQ:IQ) Suggests It's 34% Undervalued [Yahoo! Finance]Yahoo! Finance
- iQIYI's 'Love On Theater' Premieres 'Fangs of Fortune,' Setting Benchmark for C-Drama Virtual ProductionPR Newswire
IQ
Earnings
- 11/21/24 - Beat
IQ
Sec Filings
- 11/21/24 - Form 6-K
- 11/12/24 - Form SC
- 8/26/24 - Form SC
- IQ's page on the SEC website