Oh my YoY _老虎社区_美港股上老虎

Chong135
2021-11-17

Oh my YoY revenue decrease Aint a good thing

iQIYI slid over 4% in premarket trading as its net loss in the third quarter reached RMB1.7 billion

iQIYI slid over 4% in premarket trading as its net loss in the third quarter reached RMB1.7 billion.

iQIYI slid over 4% in premarket trading as its net loss in the third quarter reached RMB1.7 billion

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Diluted net loss attributable to iQIYI per ADS was&nbsp;RMB2.17(US$0.34), compared to diluted net loss attributable to iQIYI per ADS of&nbsp;RMB1.61&nbsp;in the same period of 2020.</p>\n<p>The number of total subscribing members was 103.6 million as of&nbsp;September 30, 2021, or 103.0 million excluding individuals with trial memberships.</p>\n<p>For the fourth quarter of 2021,the company&nbsp;expects total net revenues to be between&nbsp;RMB7.08 billion(US$1.10 billion) andRMB7.53 billion(US$1.17 billion), representing a 5% decrease to 1% increase year over year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IQ":"爱奇艺"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185769390","content_text":"iQIYI slid over 4% in premarket trading as its net loss in the third quarter reached RMB1.7 billion.\nIn the third quarter, its total revenues were RMB7.6 billion(US$1.2 billion1), representing a 6% increase from the same period in 2020,operating loss was RMB1.4 billion(US$212.3 million) and operating loss margin was 18%, compared to operating loss of RMB1.2 billion and operating loss margin of 17% in the same period in 2020.\nNet loss attributable to iQIYI was RMB1.7 billion(US$268.4 million), compared to net loss attributable to iQIYI of RMB1.2 billion in the same period in 2020. 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