iQIYI, Inc. (IQ) Q3 2024 Earnings Call Transcript

iQIYI, Inc. (NASDAQ:IQ) Q3 2024 Earnings Conference Call November 21, 2024 6:30 AM ET

Company Participants

Chang You – Investor Relations Director
Yu Gong – Founder, Chief Executive Officer and Director
Jun Wang – Chief Financial Officer
Youqiao Duan – Senior Vice President, Membership Business
Xiaohui Wang – Chief Content Officer

Conference Call Participants

Xueqing Zhang – CICC
Lei Zhang – Bank of America
Maggie Ye – CLSA

Operator

Thank you for standing by and welcome to the iQIYI Third Quarter 2024 Earnings Conference Call. All participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to Ms. Chang You, IR Director of the company. Please go ahead.

Chang You

Thank you, operator. Hello, everyone, and thank you for joining iQIYI’s third quarter 2024 earnings conference call. The company’s results were released earlier today and are available on the company’s Investor Relations website at ir.iqiyi.com.

On the call today are Mr. Yu Gong, our Founder, Director, and CEO; Mr. Jun Wang, our CFO; Mr. Xiaohui Wang, CCO, Chief Content Officer; Mr. Youqiao Duan, Senior Vice President of our Membership Business; Mr. Xianghua Yang, Senior Vice President of Movies and Overseas Business; and Mr. Gang Wu, Senior Vice President of Brand Advertising Business.

Mr. Gong will give a brief overview of the company’s business operations and highlights, followed by Jun, who will go through the financials. After the prepared remarks, the management team will participate in the Q&A session.

Before we proceed, please note that the discussion today will contain forward-looking statements made under the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995.

Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially