China Rapid Finance Reports Second Quarter 2018 Unaudited Financial Results

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China Rapid Finance Limited (XRF) Reports In-Line Q2 EPS

August 15, 2018 7:08 AM EDT

China Rapid Finance Limited (NYSE: XRF) reported Q2 EPS of ($0.13), in-line with the analyst estimate of ($0.13).

GAAP net loss was $10.6 million, narrowed by 22% from a net loss of $13.5 million in the second quarter of 2017. The improvements came despite the near-term impact from increased expenses associated with the reorganization.Non-GAAP adjusted loss before income tax expense was $8.7 million, as compared to $12.7 million in the second quarter of... More