XIAMEN, China (AP) _ Qudian Inc. (QD) on Monday reported third-quarter earnings of $87.2 million.

The Xiamen, China-based company said it had net income of 33 cents per share. Earnings, adjusted for non-recurring gains, were 32 cents per share.

The online micro-lending company posted revenue of $125.1 million in the period.

The company's shares closed at $1.33. A year ago, they were trading at $4.39.

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