IQ: Expect Better Paying User Growth in 3Q18 Driven by In-House Content On The Back Of Bigger Loss
IQ will report 3Q18 results on Tuesday, October 30th after the markets close followed by an 8pm EST conference call. Based on our proprietary data and calculations, IQ’s total revenue is likely to be RMB7,076M, above consensus at RMB6,909M, while the cost is likely to be high at about RMB7,470M, indicating another quarter of negative gross margin.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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