Morgan Stanley Starts China Rapid Finance (XRF) at Overweight
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China Rapid Finance Limited (XRF) Reports Q1 Loss of $0.71 on Revenues of $16.8M
May 25, 2017 6:05 AM EDTChina Rapid Finance Limited (NYSE: XRF) reported Q1 EPS of ($0.71). Revenue for the quarter came in at $16.8 million.
First Quarter 2017 Financial Highlights
Total gross billings on transaction and service fees[1] in the first quarter of 2017 increased by 13.1% to US$16.8 million from US$14.8 million in the prior year period.Gross billings from consumption loans increased by 336.8% to US$6.7 million in the first quarter of... More