SHENZHEN, China (AP) _ Lexinfintech Holdings Ltd (LX) on Thursday reported a first-quarter loss of $95.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Shenzhen, China-based company said it had a loss of 53 cents.
The online consumer finance company posted revenue of $353.1 million in the period.
Lexinfintech shares have dropped 39% since the beginning of the year. The stock has fallen 25% in the last 12 months.
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Automated Insights, source Associated Press News