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Securities Times E Company News: On November 21, iQiyi released its Q3 financial report for 2023, showing a total revenue of 8 billion yuan in the third quarter, a year-on-year increase of 7%. Among them, the revenue from membership services was 5 billion yuan, a year-on-year increase of 19%. The daily average number of subscribed members was 107.5 million, a year-on-year increase of 6%, and the monthly average single member income (ARM) reached 15.54 yuan, a year-on-year increase of 12%. The advertising revenue was 1.7 billion yuan, a year-on-year increase of 34%. In this quarter, the operating profit of Non GAAP was 895 million yuan, an increase of 71% compared to 524 million yuan in the same period last year.
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