IQIYI (IQ) reported Q2 non-GAAP earnings Wednesday of 0.02 Chinese renminbi ($0.003) per diluted American depository share, down from 0.25 renminbi a year earlier.
Analysts surveyed by FactSet expected a loss of 0.04 renminbi.
Revenue for the quarter ended June 30 was 6.63 billion renminbi, down from 7.44 billion renminbi a year earlier.
Analysts surveyed by FactSet expected 6.65 billion renminbi.