Qudian (QD) Misses Q1 EPS by 1c, Revenue Beats

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Go back to Qudian (QD) Misses Q1 EPS by 1c, Revenue Beats

Qudian Inc. Reports First Quarter 2018 Unaudited Financial Results

May 21, 2018 3:47 AM EDT

- Conference Call at 8:00 AM ET/8:00 PM Beijing Time Today -

BEIJING, May 21, 2018 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading provider of online small consumer credit products in China, today announced its unaudited financial results for the first quarter 2018.

First Quarter 2018 Operational Highlights:

Core online consumer finance business

Company proactively and swiftly de-risked from an industry-wide credit downturn resulting from industry regulations issued in December 2017. Total outstanding loan balance was RMB 12.9 billion as of March 31, 2018, compared... More