QUDIAN INC.

QD
Delayed Quote. Delayed  - 01/15 04:10:00 pm
1.81USD -4.23%

Qudian: 1Q Earnings Snapshot

05/26/2020 | 05:46am

XIAMEN, China (AP) _ Qudian Inc. (QD) on Tuesday reported a first-quarter loss of $68.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Xiamen, China-based company said it had a loss of 27 cents. Losses, adjusted for non-recurring gains, came to 50 cents per share.

The online micro-lending company posted revenue of $135.3 million in the period.

The company's shares closed at $1.50. A year ago, they were trading at $7.51.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QD at https://www.zacks.com/ap/QD

Automated Insights, source Associated Press News

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