Yiren Digital Reports Third Quarter 2019 Financial Results
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Yirendai (YRD) Misses Q3 EPS by 13c
November 14, 2019 4:32 PM ESTYirendai (NYSE: YRD) reported Q3 EPS of $0.34, $0.13 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $287.7 million versus the consensus estimate of $258.81 million.
We are pleased to deliver solid performance this quarter amidst a tightening regulatory environment, as highlighted by a 48% increase in net profit to RMB 228.0 million from RMB 154.5 million in the previous quarter, a sign of improvement in our business fundamentals and operating efficiency resulted from the synergies of our... More
