Reports Q4 revenue $1.1B, consensus $1.08B. “Building on the momentum of an iconic turnaround in 2022, 2023 stood as our best-performing year in corporate history. Key financial metrics, including total revenues, operating and net income, and cash flows, all hit historical highs. In addition, ARM grew for five consecutive quarters, which reflected the high attractiveness of our content and the growing value of our membership service,” commented Yu Gong, founder, director, and CEO of iQIYI. “I am enthusiastic to witness our business resilience and operational excellence.”
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