Reports Q2 revenue $1.1B, consensus $1.07B. “Our original content strategy continued to deliver top-notch titles, which in turn brought the strongest second-quarter performance in our history in terms of key metrics, such as total revenues, profits, free cash flow, and average daily subscribers,” commented Yu Gong, founder, director, and CEO of iQIYI. “On top of these exceptional results, we are investing in transformative technologies, including generative AI, to prepare us for future growth.”
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