China Rapid Finance Limited (XRF) Reports In-Line Q2 EPS
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China Rapid Finance Reports Second Quarter 2018 Unaudited Financial Results
August 15, 2018 7:05 AM EDT--Net Revenue Up 51%, Adjusted EPS Loss Reduced by Half----Lender Funding Remained Resilient----Reorganization Reduced OPEX Run Rate by 11% or $4.2 million----Breakeven on Loan Volumes Less Than Half the 2017 Rate----$20 Million Share Repurchase--
SHANGHAI, Aug. 15, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), operator of one of China's largest consumer lending marketplaces, today reported its unaudited financial results for the second quarter ended June 30, 2018.
Dr. Zane Wang, Chief Executive Officer, Founder and Chairman of the Company, commented:... More
