XIAMEN, China (AP) — XIAMEN, China (AP) — Qudian Inc. (QD) on Monday reported a loss of $24.8 million in its third quarter.

The Xiamen, China-based company said it had a loss of 12 cents per share. Losses, adjusted for stock option expense, were 11 cents per share.

The online micro-lending company posted revenue of $4.1 million in the period.

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