PPDAI Group Inc. Reports Second Quarter 2018 Unaudited Financial Results
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PPDAI Group Inc. (PPDF) Tops Q2 EPS by 7c, Revenues Beat
August 22, 2018 6:06 AM EDTPPDAI Group Inc. (NYSE: PPDF) reported Q2 EPS of $0.28, $0.07 better than the analyst estimate of $0.21. Revenue for the quarter came in at $160.16 million versus the consensus estimate of $158.17 million.
Mr. Jun Zhang, the Chairman and the Chief Executive Officer of PPDAI, commented, "We are pleased to have achieved further growth in loan origination volume quarter over quarter despite the recent market headwinds faced by the Company. The resilence of our core business has been demonstrated by our continued profitability and a further improvement in our delinquency rate in the... More
