Yirendai (YRD) Tops Q1 EPS by 22c

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Go back to Yirendai (YRD) Tops Q1 EPS by 22c

Yirendai Reports First Quarter 2017 Financial Results

May 22, 2017 12:30 AM EDT

BEIJING, May 22, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced its unaudited financial results for the quarter ended March 31, 2017.

Starting from the second quarter of 2016, the Company changed its reporting currency from the U.S. dollar ("US$") to the Renminbi ("RMB"), to reduce the impact of increased volatility of the RMB to US$ exchange rate on the Company's reported operating results. The aligning of the reporting currency with the underlying operations will better depict the Company's results of... More