3 Ways iQiyi Just Sailed Past Wall Street's Low Expectations
iQiyi (NASDAQ: IQ) stock limped into its first-quarter earnings report. Wall Street had soured on the Chinese video-streaming giant after watching two straight quarters of declining membership.
But the actual results were surprisingly good and might illustrate a path back to growth for this business. And there were at least three ways the company far exceeded admittedly low analyst expectations.
Let's take a closer look.
Source Fool.com