Yirendai Reports Second Quarter 2016 Financial Results
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Needham & Company Raises Price Target on Yirendai (YRD) Following Strong 2Q
August 11, 2016 7:05 AM EDTNeedham & Company reiterated a Buy rating on Yirendai Ltd. (NYSE: YRD), and raised the price target to $35.00 (from $14.00), following the company's 2Q earnings report. Revenue of $110.4 million was up 29.8% Q/Q and and 140% Y/Y, ahead of $97.0 million estimates. The company reported $0.67 in Non-GAAP EPS,... More
Yirendai (YRD) Reports Q2 EPS of RMB4.46
August 10, 2016 6:44 AM EDTYirendai (NYSE: YRD) reported Q2 EPS of RMB4.46, versus RMB2.25 reported last year. Revenue for the quarter came in at RMB773.8 million, versus RMB306.2 million reported last year.
For earnings history and earnings-related data on Yirendai (YRD) click here.
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