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iQIYI total revenues decreased 5% year over year to $1.1 billion 17 MAY 2024

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iQIYI total revenues decreased 5% year over year to $1.1 billion

The company announced its unaudited financial results for the first quarter of 2024, where it also reported a 10% increase in its operating income.
Chinese giant iQIYI had the best-performing year in its corporate history in 2023 28 FEB 2024

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Chinese giant iQIYI had the best-performing year in its corporate history in 2023

Total revenues during were fourth quarter 2023 US$1.1 billion, increasing 1% year over year, whereas total revenues in the fiscal year were US$4.5 billion, representing a 10% increase from 2022.